Author Question: Which of the following are advantages of command-and-control systems over green taxes? (Read 77 times)

TVarnum · **on:** May 25, 2020

Question 1

A positive externality could be corrected
◦ by a minimum price on the product.
◦ by providing producers with more information on the externality.
◦ with a tax on the externality itself.
◦ with a subsidy on the product.

Question 2

Which of the following are advantages of command-and-control systems over green taxes?
◦ They are more appropriate when it is impossible to predict the precise environmental impact of pollution.
◦ They have the effect of making the polluter pay for the amount of pollution generated.
◦ They are easier to administer than green taxes.
◦ A and B
◦ A and C
◦ B and C

frejo · **Reply #1 on:** May 25, 2020

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