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.Management Sciences
A. a social cost curve that is above the supply curve (private cost curve) for a good
B. none of these answers
C. a social value curve that is above the demand curve (private value curve) for good
D. a social value curve that is below the demand curve (private value curve) for a good
Related Mcqs:
- A positive externality (that has not been internalized) caused the ?
- A. equilibrium quantity to exceed the optimal quantity B. equilibrium quantity to equal the optimal quantity C. optimal quantity to exceed the equilibrium quantity D. equilibrium quantity to be either above or below the optimal quantity...
- The government engages in a technology policy ?
- A. by allocating tradable technology permits to high technology industry. B. to internalize the positive externality associated with technology-enhancing industries. C. to help stimulate private solution to the technology externality D. to internalize the negative externality associated with industrial pollution...
- The most efficient pollution control system would ensure that ?
- A. the regulators decide how much each polluter should reduce its pollution. B. no pollution of the environment is tolerated C. each polluter reduces its pollution an equal amount D. the polluters with the lowest cost of reducing pollution reduce their pollution the greatest amount...
- To internalize a negative externality an appropriate public policy response would be to ?
- A. have the government take over the production of the good causing the externality B. ban the production of all goods creating negative externalities C. tax the good D. subsidize the good...
- When an individual buys a car in a congested urban area, it generates ?
- A. a positive externality B. a technology spillover C. an efficient market outcome. D. a negative externality...
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