command-and-control Command-and-control (sometimes caled direct control is when

Question

command-and-control

Command-and-control (sometimes caled direct control is when e govemment passes legislation specificaly regulating an activity typically y because it leads to market failure). Move the true and false statements regarding his type of reguíatsión into the coresponding bins Place al six of the statements True False The government may decide on a specific Command-and-contral is more amount of pollution thax frms can legaly emit exible than market based A limitation of a command-and-control regulation is that firms harve no incentive A command and control regulation is subject to polbical considerations wthin the legal pollution imts. Under command-and-control regulation the government wil sometimes specafy the technology that firms must use in production Command and control situations are always the best option when it comes to reducing the amount of poilution the ncorect, Brosuse regulation es up cost Tma someoes take aaon to coesuience the government bo make a regulation thal i as iirted ati possible

Explanation / Answer

True:

1. The government may decide on the specific amount of pollution that firms can emit.

2. A limitation of command and control regulation is that firms have no incentive to remove pollution once they are within the legal pollution limits.

False:

1. Command and control is more flexible than market based regulation.

2. Command and control situations are always the best option when it comes to reducing the amount of pollution.

3. Under command and control regulation, the government will sometimes specify the technology that firms must use in production.

4. A command and control regulation is subject to political consideration.

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