Why do economists believe that pollution taxes and effluent permits are a more efficient way to curb

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Why do economists believe that pollution taxes and effluent permits are a more efficient way to curb pollution than laws mandating across-the-board cutbacks?

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Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

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Question Posted: Dec 12, 2015 04:33 AM

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Why do economists believe that pollution taxes and effluent permits are a more efficient way to curb

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Efficient cleanup requires that the marginal cost of polluti...View the full answer

Principles of Economics

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