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Author Question: Why are direct regulatory controls for reducing pollution likely to be inefficient? (Read 32 times)

Austinleez3

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on: Oct 12, 2022
Why are direct regulatory controls for reducing pollution likely to be inefficient?
◦ Firms with different pollution abatement costs are facing identical regulations.
◦ Firms are not likely to comply with this method of government intervention.
◦ Firms' output will rise above the socially optimal amount.
◦ The cost of reducing pollution is greater than the benefit.
◦ Direct controls are impossible to monitor.
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Marked as best answer by Austinleez3 on Oct 12, 2022

BryanAultm

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Reply #1 on: Oct 12, 2022
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Austinleez3

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Reply 2 on: Oct 12, 2022
Excellent

tranoy

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Reply 3 on: Yesterday
Gracias!

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