Homework Answers
10. People get to enjoy without paying for it, a non excludable good
Reason: Even if some people do not pay for it, they still get to enjoy the benefits of it
11. Rival
Reason: As one person using it leaves less for another person
12. Tax on public
Reason: Tax income is used to fund government spending
13. Only be averted by command and control
14. Forests and fish (as they lack ownership rights)
15. Whether the tax is imposed on buyers or sellers
Add Answer to:
QUESTION 10 Mosquito control is an example of a good that people get to enjoy without...
Mosquito control is an example of a good that a. people get to enjoy without paying...
Mosquito control is an example of a good that a. people get to enjoy without paying for it: b. a nonrival good if used by one person cannot be used by another: c. a nonrival good people get to enjoy without paying for it: c. a nonexcludable good people must pay for to enjoy it: an excludable good
QUESTION 13 The tragedy of the commons can o sometimes be averted in large groups of...
QUESTION 13 The tragedy of the commons can o sometimes be averted in large groups of unrelabed people sometimes be averted in smal groups of related people o never be averted only be averted by command and control QUESTION 14 The tragedy of the commons is more likely to apply to oil and gas products e forests and fah e chickens and cows o microchips and lapeeps QUESTION 15 For a given set of demand and supply curves, the horizontal...
QUESTION Costs that are indepen marginal cons variable costs QUESTIONS You are decidine whether to take a caride fr...
QUESTION Costs that are indepen marginal cons variable costs QUESTIONS You are decidine whether to take a caride from NYOLA OF ROL Which of these s telyo anc o cost of oil changes your annual insurance payment Highway to's QUESTION Which of the following QUESTION 10 Mosquito control is an example of a good that people get to enjoy without paying for itanonval good if used by one person cannot be used by another arrival good people get to enjoy...
QUESTION 6 In the short run, a firm's marginal cost tends to rise as more is...
QUESTION 6 In the short run, a firm's marginal cost tends to rise as more is produced because of o diminishing marginal returns O the implicit costs of production O diseconomies of scale O rising input costs QUESTION 7 Which of the following is the best example of common property o the car of a student who drives his friends around o the air you breathe bread you bake and share Disney World QUESTION The term "tragedy of the commons"...
QUESTION 11 2 points Save Answer Public roads get congested, suggesting that public roads are Opublic...
QUESTION 11 2 points Save Answer Public roads get congested, suggesting that public roads are Opublic goods rival private goods excludable QUESTION 12 2 points Save Answer To provide funding for an asteroid defense shield, the government will have tax the public rely on voluntary contributions leave financing to the private market Oprovide zero asteroid defense QUESTION 29 2 points Save Answer When a tax is justified on the basis that taxpayers receive specific government services, the tax is considered...
Spring is here, and Alyssa and her dad would like to go fishing for the weekend...
Spring is here, and Alyssa and her dad would like to go fishing for the weekend in Maroochydore. Alyssa could either go to the river in town where anyone can fish without a permit, or she could drive up to a stream located on her family's property in the countryside to fish. Assume that, no matter where people fish, all of the fish that are caught would be kept (that is, there is no catch and release" policy) PRIVATE PROPERTY...
Question 2 of 10 10 Ο Points Toll-free roads sometimes get congested, such as during rush-hour...
Question 2 of 10 10 Ο Points Toll-free roads sometimes get congested, such as during rush-hour traffic. During those times, we would say that these roads are O A nonexcludable and rival O B excludable and rival O C excludable andnonrival O D nonexcludable and nonrival 10 0 Points Question 3 of 10 Jennifer buys a piece of costume jewelry for $33, for which she was willing to pay $42 The minimum acceptable price to the seller, Nathan, was $30...
Need answers ASAP please! 11. Which of the following is an example of a negative extemaliy...
Need answers ASAP please!
11. Which of the following is an example of a negative extemaliy A. A gold mine discharges arsenic into a natural lake B. A paper mill discharges raw chemical waste insto a river C. Excessive cutting of wood resources by logeing D. All of the above. 12. The Tragedy of the Commons occun A. a common resource is rival in consumption and nonescludable occurs because B. a common resource is underutilized C. crimes are committed in...
Which of the following statements is (are) correct? (x) Both public goods and club goods are...
Which of the following statements is (are) correct? (x) Both public goods and club goods are nonrivalrous in consumption but club goods are excludable and public goods are nonexcludable and both common resources and private goods are rivalrous in consumption but private goods are excludable and common resources are nonexcludable. (y) Ralph owns 10 acres of beautiful wooded land. Ralph donates the land to the state with the understanding that the land will be used as a state park. This...
An example of a good (or goods) with high exclusion costs would be a. national defense...
An example of a good (or goods) with high exclusion costs would be a. national defense b. radio broadcasting c. local roads. d. flood control e. all of the above 1 Which of the following best exemplifies the tragedy of the commons? a. Residents in the northern coast of California receive only one public broadcasting signal which may be eliminated altogether if government funding is cut b. The Pleasant Hill community is growing so fast that the city's only post...
QUESTION 13 The tragedy of the commons can o sometimes be averted in large groups of unrelabed people sometimes be averted in smal groups of related people o never be averted only be averted by command and control QUESTION 14 The tragedy of the commons is more likely to apply to oil and gas products e forests and fah e chickens and cows o microchips and lapeeps QUESTION 15 For a given set of demand and supply curves, the horizontal...
QUESTION Costs that are indepen marginal cons variable costs QUESTIONS You are decidine whether to take a caride from NYOLA OF ROL Which of these s telyo anc o cost of oil changes your annual insurance payment Highway to's QUESTION Which of the following QUESTION 10 Mosquito control is an example of a good that people get to enjoy without paying for itanonval good if used by one person cannot be used by another arrival good people get to enjoy...
QUESTION 6 In the short run, a firm's marginal cost tends to rise as more is produced because of o diminishing marginal returns O the implicit costs of production O diseconomies of scale O rising input costs QUESTION 7 Which of the following is the best example of common property o the car of a student who drives his friends around o the air you breathe bread you bake and share Disney World QUESTION The term "tragedy of the commons"...
QUESTION 11 2 points Save Answer Public roads get congested, suggesting that public roads are Opublic goods rival private goods excludable QUESTION 12 2 points Save Answer To provide funding for an asteroid defense shield, the government will have tax the public rely on voluntary contributions leave financing to the private market Oprovide zero asteroid defense QUESTION 29 2 points Save Answer When a tax is justified on the basis that taxpayers receive specific government services, the tax is considered...
Spring is here, and Alyssa and her dad would like to go fishing for the weekend in Maroochydore. Alyssa could either go to the river in town where anyone can fish without a permit, or she could drive up to a stream located on her family's property in the countryside to fish. Assume that, no matter where people fish, all of the fish that are caught would be kept (that is, there is no catch and release" policy) PRIVATE PROPERTY...
Question 2 of 10 10 Ο Points Toll-free roads sometimes get congested, such as during rush-hour traffic. During those times, we would say that these roads are O A nonexcludable and rival O B excludable and rival O C excludable andnonrival O D nonexcludable and nonrival 10 0 Points Question 3 of 10 Jennifer buys a piece of costume jewelry for $33, for which she was willing to pay $42 The minimum acceptable price to the seller, Nathan, was $30...
Need answers ASAP please!
11. Which of the following is an example of a negative extemaliy A. A gold mine discharges arsenic into a natural lake B. A paper mill discharges raw chemical waste insto a river C. Excessive cutting of wood resources by logeing D. All of the above. 12. The Tragedy of the Commons occun A. a common resource is rival in consumption and nonescludable occurs because B. a common resource is underutilized C. crimes are committed in...
An example of a good (or goods) with high exclusion costs would be a. national defense b. radio broadcasting c. local roads. d. flood control e. all of the above 1 Which of the following best exemplifies the tragedy of the commons? a. Residents in the northern coast of California receive only one public broadcasting signal which may be eliminated altogether if government funding is cut b. The Pleasant Hill community is growing so fast that the city's only post...
Most questions answered within 3 hours.
-
(Expected rate of return and risk) Carter Inc. is evaluating a
security. Calculate the investment’s expected...
asked 2 hours ago -
What specific indicators can point to lack of progress for
African Americans in American society?
asked 3 hours ago -
1-The Electrons in a beam are moving at 2.7×108 m/s in an
electric field of 15000...
asked 3 hours ago -
A gas tank is a vertical cylinder. It has a radius of 1m, a
height of...
asked 3 hours ago -
Accent Software faces the following conditions. All of these
support Accent’s use of a market-penetration pricing...
asked 4 hours ago -
A mathematically inclined friend emails you the following
instructions: "Meet me in the cafeteria the first...
asked 4 hours ago -
A monopoly sells in two countries . The demand curves in the two
countries are p1...
asked 5 hours ago -
A .15kg rubber ball is bounced off a wall. Before hitting the
wall, the ball moves...
asked 6 hours ago -
A manufacturing company preparing to build a new plant is
considering three potential locations for it....
asked 6 hours ago -
B. If compound Y has approximately the same values of solubility
in toluene as compound X,...
asked 7 hours ago -
Oscar Inc. has inventory in Japan valued at 39,051,000 Yen one
year ago. One year ago...
asked 7 hours ago -
If Canada suffered from "fundamental disequilibrium," and its
government choose not to devalue its currency, a...
asked 7 hours ago