Question 8 4 out of 4 points The market output level tends to be socially

Question 8 4 out of 4 points the market output level

This preview shows page 2 - 5 out of 8 pages.

Question 8 4 out of 4 points The market output level tends to be socially optimal when Question 94 out of 4 pointsIf all benefits from consuming a good go to consumers, the demand curve is the same as the
Image of page 2
Question 10 4 out of 4 points The level of pollution increases when Question 11 4 out of 4 points Complete elimination of pollution is economically rational when Question 124 out of 4 pointsWhen a benefit of an action falls on other than the person (or persons) responsible for the action, which of the following exists? Question 134 out of 4 pointsIf a pollution tax is placed on a firm emitting pollution, the firm will treat pollution, rather than pay the tax, as long as the tax is
Image of page 3
Image of page 4
Image of page 5

You've reached the end of your free preview.

Want to read all 8 pages?

  • Spring '11
  • CamilleCastorina
  • Economics, assault, Externality, Arson

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture