Here are answers for the multiple choices questions!
320.( B) 321. (A) 322.(B) 323.(A) 324.(C) 325. (D) 326. (C) 327. (A) 328. (B) 329. (A)
330. (A) 331. (A) 332.(B) 333. (A) 334. (D) 335. (B) 336.(A) 337.(B) 338. (C) 339.(D)
I think the answers are
325is wrong because the it is the answer A because merit goods are not alwys non-rivalry and non excludable
328 is wrong because when social cost exceed the private cost it is a NEGATIVE externality not positive. So the answer is C
330 should be B because the Banning to park cars in the city centre is the only attempt to command and control
331 the answer is b, because the rule is described in the excercise
332, Is C, as the depreciation of value of cars does not concerns the society but owners of the cars. The society is has to pay for the higher prices for food.
333. I think that the definition of excludible is that it is not available for everyone because of its price, the rivalry good is one that is not for everyon because some alse can take it earlier. So i think the answear is C.
338. The government intervention in the market to improve may fail when the the cost of administration (financed by the taxes) exceed the benefit from its action
340. I think that the answer is D because reducing retirement age is not creating positive externality but extra founds in training are more likely to do so
346. I think it is answer B
1 comment:
where are the rest of the answers?
why has your homework not been done?
why isn't this site in English?
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