When wealthy alumni provide charitable contributions to their universities to reduce the tuition payments of current students it is an example of ?

Related Mcqs:

An externality is ?

A. the benefit that accrues to the buyer in a market B. the cost that accrues to the seller in a market C. none of these answers D. the compensation paid to a firm’s external consultants. E. The uncompensated impact of one person’s actions on the well-being of a bystander...

A pigovian tax on pollution ?

A. Sets the quantity of pollution B. reduces the incentive for technological innovations to further reduce pollution C. Sets the price of pollution D. determines the demand for pollution rights....

Suppose an industry emits a negative externality such a pollution and the possible methods to internalize the externality are command-and-control policies, pigovian taxes, and tradable pollution permits. If economists were to rank these methods for internalizing a negative externality based on efficiency ease of implementation and the incentive for the industry to further reduce pollution in the future, they would probably rank them in the following order (from most favored to least favored) ?

A. Pigouvian taxes, command-and-control policies, tradable pollution permits. B. tradable pollution permits, Pigouvian taxes, command-and-control policies C. tradable pollution permits command-and-control policies, Pigovian taxes. D. command-and-control policies, tradable pollution permits, Pigovian taxes. E. They would all rank equally high because the same result can be obtained from any one of the policies...

A negative externality generates ?

A. a social cost curve that is below the supply curve (private cost curve) for a good B. none of these answers C. a social cost curve that is below the supply curve (private cost curve) for a good D. a social value curve that is above the demand curve (private value curve) for a … A negative externality generates ?Read More...

A negative externality (that has not been internalized) causes the ?

A. optimal quantity to exceed the equilibrium quantity. B. equilibrium quantity to be either above or below the optimal quantity C. equilibrium quantity to equal the optimal quantity D. equilibrium quantity to exceed the optimal quantity...