Econ ch 13

Compliance
- Ensuring that producers obey the rules
- -monitoring for violations
- -enforcement actions
- -penalties
Captive Regulation/Capture

When the regulator does the bidding of the regulated industry.
Equilibrium Level of Pollution

The amount of pollution that will result from regulatory and source decisions

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Econ ch 13

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key terms

Updated

2010-12-11T05:33:08Z

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