This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following occurs when an externality is internalized? A) Higher social well-being ... (Read 11 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
Which of the following occurs when an externality is internalized?
 
  A) Higher social well-being
  B) Higher private benefit
  C) Larger deadweight loss
  D) Higher returns to scale

Question 2

The above figure shows the U.S. market for replacement cell phone batteries. Suppose the U.S. government imposes the tariff illustrated in the figure. The tariff is equal to ________ and the price U.S.
 
  consumers pay ________ compared to the price paid when there was free trade. A) 2; decreases
  B) 14; decreases
  C) 2; increases
  D) 12; increases
  E) 14; increases


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

parker125

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
Gracias!

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Compression Occurs in vertebrae subjected to extreme stresses, as when one falls and lands on his or Compression Occurs in vertebrae subjected to extreme stresses, as when one falls and lands on his or
Epiphyseal Usually occurs through the growth plate where the matrix is undergoing calcification and Epiphyseal Usually occurs through the growth plate where the matrix is undergoing calcification and
A taxonomy of primate social systems. Larger symbols indicate adults. A taxonomy of primate social systems. Larger symbols indicate adults.
Behavior modification has been useful in raising the amount of social responding by children with ... Behavior modification has been useful in raising the amount of social responding by children with ...
Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ... Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ...
Economic and Social Development Economic and Social Development
Video: Exocytosis - secretion

For a complete list of videos, visit our video library