Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Advantages of market-based instruments even if economic efficiency is not a goal are __________. Question 2 options: these policies are cost-effective, they can achieve any

Advantages of market-based instruments even if economic efficiency is not a goal are __________. Question 2 options: these policies are cost-effective, they can achieve any given abatement target at the minimum total cost over the long run, market-based instruments are likely to provide stronger incentives for the development of new pollution control technologies dynamic incentives of the market-based instruments will tend to lower abatement costs over time command-and-control methods in general are more cost effective than approaches using market-based instruments all of the above are correct only A, B, and C are correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics

Authors: Hal R. Varian

9th edition

978-0393123968

Students also viewed these Economics questions