mini Q Ch5 - Grades Worksheets Assignments Practice Tests...

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User : Alaa Alakeely In Course : PRIN ECONOMICS II ( ECN 222W SU810 09 SP) Instructor : Edward T Derbin Your instructor has given you a grade of 8 on this exam. Instructions : Open note, open book online assessment covering the material in the current unit. Answer Key Question 1 (Worth 1 points) If you buy a sweater to keep you warm in the winter, you are experiencing a private benefit. True This is a correct answer False Points earned on this question : 1 Question 2 (Worth 1 points) An advantage of imposing a tax on the producer that is polluting is that it forces the polluting producer to internalize the external cost of the
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pollution. True This is a correct answer False Points earned on this question : 0 Question 3 (Worth 1 points) When a competitive market equilibrium is economically efficient there are positive and negative external effects from consumption and production. True
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This note was uploaded on 05/18/2010 for the course ECON Econ222 taught by Professor E.derbin during the Summer '09 term at Delta MI.

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mini Q Ch5 - Grades Worksheets Assignments Practice Tests...

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