In: Economics
Which of the following are examples of command-and-control regulation?
Select two correct answers.
Select all that apply:
a) laws that require the use of filters in automobile tailpipes and smokestacks
b) laws that specify the amount of pollution each producer is allowed to emit
c) marketable pollution permits
d) pollution charges per unit of pollution emitted.
Answer = correct option is A and B
Command and control regulation is the type of regulation of environment which allows policymakers to regulate the amount as well as the process by which firm should maintain quality of the environment. So according to this defination - following two Examples are correct-