Question

Which of the following is not an effective method to reduce negative externalities? Select one: a....

Which of the following is not an effective method to reduce negative externalities?

Select one:

a. relying on voluntary compliance

b. taxing the output of industries that pollute

c. creating legal environmental standards

d. increasing public spending on cleanup and reduction of pollution

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Answer #1

The answer is option a- relying on voluntary compliance

Relying on voluntary compliance is not an effective method of reducing negative externalities

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