Answer the questions and the FRQ they can be very simple dont have to give many explanations

the reference is unit 6 ap microeconomics

there is no other information to help just simple microeconomics

Question 1 Which ofthe following is the best example of a negative externality? An increase in the price of oil dueto the imposition of environmental regulations An increase in the price of oil due to action taken by the Organization of Petroleum Exporting Countries (OPEC) A decline in oil stock prices as a result of bad management Oil leakages from drilling platforms in the Gulf of Mexico @ Declining restrictions on the importation of foreignmade cars. Question 2 A chemical plant pollutes a river that serves as the water supply for a nearby town. From an economist's point of view, pollution from the plant should be reduced until the A marginal benefit from the cleaner water is equal to the marginal cost of making the water cleaner B marginal benefit from cleaner water is maximized C total benefit from cleaner water is zero D total benefit from cleaner water is equal to the total cost of making the water cleaner E total benefit from cleaner water is maximizedQuestion 3 One justification for government regulation of a monopoly is that the unregulated monopoly A. earns a normal profit B pays its workers a lower wage than if the market were competitive C has a very elastic demand curve D charges a price higher than a competitive market price E sells too much of the productQuestion 4 Which ofthe following best represents a positive externality? 0 @@ Purchasing a pass for an amusement park Dining at a favorite restaurant Being disturbed by neighboring construction noise Enjoying watching birds at a neighbor's bird feeder Dumping waste on someone else's property Question 5 The following questions are based on the graph below, which shows the cost and revenue curves of a natural monopolist PRICE Marginal Cost Average Total Cost Demand Q1 Q2\\ Q3 Q4 QUANTITY Marginal Revenue When the monopolist produces the socially optimal level of output, it is A earning positive economic profit B earning zero economic profitPRICE Marginal Cost Average Total Cost Demand Q1 2 Q3 Q4 QUANTITY Marginal Revenue When the monopolist produces the socially optimal level of output, it is A earning positive economic profit B earning zero economic profit C incurring economic losses and it requires a subsidy to continue in business D maximizing its total revenue rather than profits E maximizing profitQuestion 6 Assume that the firms in an industry pollute a river. If there is no government intervention, the firms will A produce more output than is socially efficient B pay production costs that are higher than actual social costs C charge a lower price than is necessary to maximize profit D charge a higher price to pay for the pollution (E increase production to achieve allocation efficiencyQuestion 7 A per-unit tax on pollution produced by a firm will affect the firm's output and pollution levels in which of the following ways? Output Pollution A Increase Increase Output Pollution B Increase Decrease Output Pollution C Decrease Increase Output Pollution D Decrease Decrease Output Pollution E No change No changeQuestion 8 Public goods are typically provided by the government, because private markets tend to A produce them at higher cost B produce less than the socially optimum quantity C produce more than the socially optimum quantity D charge a monopoly price that is greater than the marginal social cost E charge a monopoly price that is less than the marginal social costQuestion 9 Assume that many boats have free and open access to fishing in the waters of a country. Which of the following statements is true? A With the availability of fish for all consumers, there is a positive externality; therefore, governments need to encourage greater use of the common areas with more production and increased consumption. B Over time, fishing operations will voluntarily leave the market as a result of increased competition. C There will be a tendency for fishing operations to overfish, reduce the stock of fish, and limit the future availability of fish for succeeding generations. D The waters of a country are a rare example of a resource that is not scarce. Therefore, standard economic analysis does not apply. E The advantage of allowing free and open access to fishing is to limit the harm from a negative externality where too few fish are currently caught.Question 10 Characteristics of a pure public good include which ofthe following? I. Nonpaying consumers cannot be excluded from consuming the good. ||. Consumption by an}:r one person does not reduce the availability ofthe good to others. I\". The amount consumed depends on the price paid. lonly || only \"I only @ land || only II and Ill only