If they use a regulation should they allow for pollution, Ask an Expert

Economics

the government sees a cement company polluting the river. they want to internalize the externality of the cleanup cost to get water safe for recreational use. they have two choices to accomplish their goal. they can either put a tax on a certain level of pollution or create a regulation that limits the amount of pollution allowed. if they use a regulation should they allow for pollution permits? explain the benefits and detriments of each form of control. what would you recommend?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9445594

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