Most economists prefer corrective taxes to regulation as a way to correct the problem of pollution because ____.
a. the market-based solution is less costly to society.
b. the market-based solution can result in a greater reduction in pollution.
c. the market-based solution raises revenue for the government.
d. All of the above are correct.
the command and control are expensive and do not work in many cases but the tax based result in greater reduction and less costly to a society where the government also earns revenue.
