We have discussed why market based policy instruments are


We have discussed why market based policy instruments are often superior to conventional command–and control instruments to solve environmental problems. But command -and-control regulations, such as a uniform standard for all polluters, sometimes work just fine. Suggest three conditions under which you would advocate using a command-and-control regulation, such as a uniform standard. Briefly explain your reasoning

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Business Economics: We have discussed why market based policy instruments are
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