Question

Most economists prefer corrective taxes to regulation as a way to correct the problem of pollution because ____.

a. the market-based solution is less costly to society.
b. the market-based solution can result in a greater reduction in pollution.
c. the market-based solution raises revenue for the government.
d. All of the above are correct.

Answer 1

d. All of the above are correct

Step-by-step explanation:

the command and control are expensive and do not work in many cases but the tax based result in greater reduction and less costly to a society where the government also earns revenue.