13 Nov 2021
Problem 9
Page 292
Section SELF: CHECK QUESTIONS
Chapter 12: Environmental Protection and Negative Externalities
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13 Nov 2021
Introduction
Command and Control Regulation-: It direct regulation with respect to an industry or activity through which regulation can states which is permitted and what is illegal.
Market oriented tool-: It is an application of an environmental policies that can create an incentives to allow firms with respect to the flexibility in order to reduce pollution.
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