Command and Control Methods Do Not Always Produce the Most

question 230

Multiple Choice

Command and control methods do not always produce the most efficient outcomes because:

• A) consumers sometimes are mislead regarding their own preferences.
• B) they lack the flexibility to allow buyers and sellers to choose the least costly methods to alter their behavior.
• C) it does not always allow suppliers to produce the efficient market quantity.
• D) it reduces consumption in all cases.

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Definitions:

Felony

As a general rule, all crimes punishable by death or by imprisonment in a state prison.

Misdemeanor

Any crime that is punishable neither by death nor by imprisonment in a state prison.

Serious Crime

An act, typically involving violence, regarded by society as being particularly harmful or dangerous, and punishable by severe penalties including imprisonment.

Probation

A period of supervision over an offender, ordered by a court instead of serving time in prison, allowing the person to remain in the community under specific conditions.