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The professor in the video suggested that instead of the command and control policy implemented in the washing machine market, the government should have imposed
The professor in the video suggested that instead of the command and control policy implemented in the washing machine market, the government should have imposed a tax on individuals for electricity usage.
Why would an electricity tax be (possibly significantly) less effective in achieving the government's goal of reducing energy consumption than a command and control policy mandating the energy efficiency of appliances?
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