Cruise ships dumping their waste into the ocean is an example of:
Select one:
a. a negative externality
b. a positive externality
c. a public good
d. an inferior good
Ans: a) a negative externality.
Explanation:
Cruise ships dumping their waste into the ocean creates negative externalities. As a result , ocean water will be polluted which will create bad condition for the environment.
Cruise ships dumping their waste into the ocean is an example of: Select one: a. a...
Pollution is an example of a ________ externality. Select one: A. negative production B. positive production C. negative consumption D. positive consumption E. Coasian
Question 1) Dumping raw sewage into boston harbor is an example
of
A) a negative externality
B) a positive externality
C) a private cost
D) a sunk cost
Question 2) Oil is an example of a renewable resource.
A) TRUE
B) FALSE
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We were unable to transcribe this imageQuestion 2 Oil is an example of a renewable resource. True O False Question 3 Public utilities are either government-owned or...
I. The pollution emitted by a car is an example of atn b. social eextenal e. publio-good 2. Lila shares a house with two other people. She is a concert pianist and often practices an home. One roommate enjoys listening to her practice, but the other does not. For the roommate who enjoys listening to Lila play, this is an example of for the other , it is an example of a. the tragedy of the commons; b. e. a...
In case when there is positive externality in the production of some good, the tariff on this good a) is an example of dumping b) can be welfare improving c) will hurt domestic producers d) will certainly decrease welfare
6) Efficiency, Welfare & Externalities a) Discuss the notion of externality(s)? b) Are they good or bad from an efficiency point of view? c) Provide some everyday examples of positive and negative externalities with a brief discussion. d) What is a public good? e) Give an example of a pure public good.
Give an example of each of the following: a) a positive externality in consumption b) a negative externality in consumption c) a positive externality in production d) a negative externality in production
A government mandate to require the production or consumption of
a good or service would be a good example of a response to:
A) a positive externality.
B) a negative externality.
C) moral hazard.
D) a public good
Question 2 10 pts After eating three slices of pizza at a party, Sam decides to go for it and Sam eats a fourth slice. This means that Sam thought that the: O total utility for pizza slices are negative marginal utility...
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...
In markets where a positive externality is involved we expect: Select one: a. Inefficient overproduction of the good b. Taxes can incentivize market participants to bring about the efficient outcome c. Inefficient underproduction of the good d. The private benefit of the good exceeds the social benefit of the good
a polluting factory is an example of what type of externality a. negative demand-side externality b. negative supply-side externality c. positive demand-side externality d. positive supply-side externality