Multiple Choice
A tax on a polluting industry
A) is not desirable because it reduces efficiency.
B) leads to less output in this industry.
C) causes more resources to be used in the polluting industry.
D) shifts the marginal social benefit curve leftward.
E) shifts the marginal social benefit curve rightward.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: An externality can be a cost or
Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q5: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The figure
Q7: Food stamps provided by the government to
Q9: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q10: Suppose unregulated production of pesticides results in
Q11: Which of the following is the best
Q12: The basic reason that a competitive unregulated
Q13: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q27: Describe some of the external benefits associated