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Command and control solutions to consumer problems

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Reference no: EM132255563

Command and control solutions to consumer problems tend to be inefficient. What does this mean?

  • They limit consumer choice, which Americans generally do not appreciate.
  • They are generally ineffective at achieving the desired goal.
  • They often require trade-offs that make them costlier than other solutions.
  • They tend to be difficult to pass through the political system, requiring lots of lobbying.

Reference no: EM132255563

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