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From the given options, which of the following are not a part of the social cost to be added to the private cost of a
From the given options, which of the following are not a part of the social cost to be added to the private cost of a vehicle powered by gasoline? Ozone pollution Carbon emissions None of the above O Traffic jamThe consumption of food is denoted by 'a' and the consumption of all other goods by 'b'. The demand for food as a function of prices and income is given by: Qa(pa,pb,M)=5M/8pa. Suppose that M=200, pa=6, and pb=10. The change in consumption of food that is caused by a 2% increase in W is approximately There is no change. An increase of 2% in demand of a. A decrease of 2% in demand of a, An increase of 2% in demand of b,Match the following List 1 List 2 i. Dummy variables 1. Goodness of fit of regression ii. Dicky fuller test. 2. Serial Correlation iii. R2 3. Qualitative effects iv. Durban Watson Test 4. Stationary O 1 - 4 ii - 3 iii - 2 iv - 1 1-3 1i - 4 iii - 1 iv- 2 1- 2 1i - 1 ili - 4 iv - 3 O 1 - 1 ii - 2 iii - 3 iv - 4Collusion between firms is: A merger of two sellers Cooperation between sellers to increase the level of competition Agreements between sellers to increase their market power O Regulatory restrictions on the entry of new sellers into an industry
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