1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Irina-Kira [14]
4 years ago
15

Command-and-control (sometimes called direct control) is when the government passes legislation specifically regulating an activ

ity (typically because it leads to market failure). Indicate which of the following six statements are true and which are false.1. Under command-and-control regulation, the government will sometimes specify the technology that firms must use in production.2. The government may decide on a specific amount of pollution that firms can legally emit.3. A limitation of a command-and-control regulation is that firms have no incentive to remove pollution once they are within the legal pollution limits.4. Command and control situations are always the best option when it comes to reducing the amount of pollution.5. Command-and-control is more flexible than market-based regulation.6. A command-and-control regulation is subject to political considerations
Business
1 answer:
lys-0071 [83]4 years ago
4 0

Answer:

1. Under command-and-control regulation, the government will sometimes specify the technology that firms must use in production. TRUE, e.g. currently the US government banned Huawei from providing 5G technology in the US due to security concerns even though that provides the best 5G technology in the world.

2. The government may decide on a specific amount of pollution that firms can legally emit. TRUE, the EPA sets the standards and companies must follow them, whether they are too high or too low maybe subject to an extensive debate.

3. A limitation of a command-and-control regulation is that firms have no incentive to remove pollution once they are within the legal pollution limits. TRUE, if the company is complying with current regulation, then that is all it needs to keep functioning without any problem.

4. Command and control situations are always the best option when it comes to reducing the amount of pollution. FALSE, when is the government or Congress the most efficient at doing something. Efficiency is not a characteristic of any government entity.

5. Command-and-control is more flexible than market-based regulation. FALSE,  the terms command and control should give you an idea that government intervention can be anything but flexible.

6. A command-and-control regulation is subject to political considerations. TRUE, command and control regulation is set up by government agencies or Congress and both are political entities by definition. E.g. some governments impose harder environmental controls through the EPA, others impose softer or no controls at all.  

You might be interested in
If a quota is set above the equilibrium quantity, there will be: missed opportunities in the form of mutually beneficial transac
Anettt [7]

Answer:

The correct answer is no immediate effect..

Explanation:

The impact of the minimum price on the functioning of the market will depend on whether said price is below or above the equilibrium price (the price at which the market would freely tend if there were no public intervention).

If the minimum price is below the equilibrium price it has no impact since the market will naturally be above said minimum price.

On the other hand, if the minimum price is higher than the equilibrium price, this ceiling will prevent the market from reaching its equilibrium point. The price will be at said minimum level where the quantity supplied will be greater than the quantity demanded, which will cause an excess supply that will remain unsold.

If the maximum price is above the equilibrium price it will not have any impact since the market will naturally tend to be below this maximum limit.

If, on the contrary, the maximum price is lower than the equilibrium price, then this limit will prevent the market from reaching equilibrium. The price will be at the maximum limit where the quantity supplied will be less than the quantity demanded. This will cause excess demand, so part of it will remain unmet.

5 0
3 years ago
Under the double-entry system of accounting, a debit is always a negative entry.
mrs_skeptik [129]

It is a false statement that a debit is always a negative entry under the double-entry system of accounting,

<h3>What is the double-entry system?</h3>

In accounting, this refers to the system for recording transactions based on recording increases and decreases in accounts so that debits equal credits.

Hence, the double-entry system requires that each transaction must be recorded in at least two different accounts.

Read more about double-entry system

brainly.com/question/2707498

#SPJ1

8 0
2 years ago
What is a business idea?
mart [117]

A business idea is an idea that one or more people come up with to start a business. The idea will state what the business is, how they think it should be run and what their customer base will be. After a business idea is planned the developer typically develops a marketing plan and from there they try and receive funding or get approval for their business idea.

3 0
3 years ago
Read 2 more answers
Which type of technology is best for laying out financial projections?
lina2011 [118]

Answer: Spreadsheets

Explanation: Spreadsheets allow you to

foresee and edit data, while also seeing

the past data to help towards ones

future business goals.

5 0
2 years ago
All of the following are organization-directed benefits associated with offering unconditional guarantees except: a. the guarant
kotykmax [81]

Answer:

All of the following are organization-directed benefits associated with offering unconditional guarantees except:

a. the guarantee provides a means to avoid bankruptcy.

Explanation:

Providing or offering customers unconditional guarantees does not help the company to avoid bankruptcy.  Bankruptcy arises from inadequate financing resulting from overtrading.  Importantly, offering guarantees to customers communicates a clear performance goal to employees to improve service delivery to customers.

3 0
3 years ago
Other questions:
  • Equipment costing $276000 was destroyed when it caught on fire. At the date of the fire, the accumulated depreciation on the equ
    6·1 answer
  • For some time now, GlaxoSmithKline (GSK), a pharmaceutical company, has been making anti-AIDS drugs available in underprivileged
    12·1 answer
  • an employee who has integrity is _____. a. ethical and friendly b. prompt and efficient c. focused and intelligent d. trustworth
    7·1 answer
  • The Petit Chef Co. has 11.6 percent coupon bonds on the market with ten years left to maturity. The bonds make annual payments a
    8·1 answer
  • Using the Cuusoo System, Lego develops ideas that are generated by the many children and adults who create a model, take photos,
    9·1 answer
  • On January 2, Yorkshire Company acquired 40% of the outstanding stock of Fain Company for $600,000. For the year ended December
    8·1 answer
  • An action for breach of warranty generally must be brought within four years of the breach.
    9·1 answer
  • When the price of Nike tennis shoes goes from $100 to $80, the quantity demanded increases from 20 to 30 million. Over this pric
    6·1 answer
  • What do banks usually offer in order to encourage you to put money in a savings account?
    10·1 answer
  • Suppose that three firms make up the entire bicycle manufacturing industry. one has a 60% market share, and the other two have a
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!