Econ ch 13

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Author:
Anonymous
ID:
54916
Filename:
Econ ch 13
Updated:
2010-12-11 00:33:08
Tags:
econ
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Description:
key terms
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  1. Compliance
    • Ensuring that producers obey the rules
    • -monitoring for violations
    • -enforcement actions
    • -penalties
  2. Captive Regulation/Capture
    When the regulator does the bidding of the regulated industry.
  3. Equilibrium Level of Pollution
    The amount of pollution that will result from regulatory and source decisions

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