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Author Question: An important reason that direct regulatory controls are usually inefficient in reducing pollution is that (Read 56 times)

dhsndn

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on: Oct 12, 2022
An important reason that direct regulatory controls are usually inefficient in reducing pollution is that
◦ they create new pollution as they eliminate existing pollution.
◦ they generally garner little political support and thus eventually fail.
◦ it costs too much to make sure that firms comply with the regulations.
◦ different firms have different marginal costs of pollution abatement.
◦ firms have little incentive to comply with them.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by dhsndn on Oct 12, 2022

KobyRhoads

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Reply #1 on: Oct 12, 2022
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dhsndn

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Reply 2 on: Oct 12, 2022
Excellent

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