Homework_3[1]

Homework_3[1] - Extra Credit Homework #3: Due Thursday...

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Extra Credit Homework #3 : Due Thursday October 7 2010 by the end of class. Directions : All homework answers MUST be TYPED. No EMAIL SUBMISSIONS. The homework is collected in class. If you can’t be in class then send your homework with a friend or turn it in EARLY under my office door labeled with the time your section begins. 1. Indicate whether the following activities create an inframarginal, positive, or negative externality! a. After walking by a fresh bakery you decide to buy a donut. ($400) inframarginal b. Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place. ($400) negative c. A local stream is polluted with acid rock by a small excavating company. ($400) negative d. A homeowner who backs up on a city park occasionally has to listen to kids playing soccer. ($400) Inframarginal e. A student uses their cell phone discretely during class. ($400) negative 2. Indicate whether the following are private goods, club goods, common resource goods,
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Homework_3[1] - Extra Credit Homework #3: Due Thursday...

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