I dont need explain, just the result plss. thank u so much

Question 50:

Public television periodically runs pledge drives to raise money. Only a small percentage of the people who benefit from public television are willing to pay. This low percentage of people willing to contribute illustrates a difficulty with:

Multiple Choice

A. government regulation.

B. voluntary programs.

C. market incentive programs.

D. tax incentive policies.

Question 49:

Burning fossil fuels contributes to climate change. Thus, it makes sense for the government to place a tax on the burning of fossil fuels. Why? multiple choice

A. Global warming and the accompanying climate change is an information problem issue. Given enough time, the market will become efficient.

B. Global warming and the accompanying climate change is a negative externality. The market places no price on emitting carbon-dioxide gas even though these emissions impose a cost on society.

C. Global warming and the accompanying climate change is a public good. Since clean air is a public good and is underprovided in the market, government should provide this good.

D. Global warming and the accompanying climate change is a positive externality. The positive externalities associated with global warming far outweigh the negative externalities, so the government should subsidize the burning of fossil fuels.

Question 48:

Which of the following is not an example of an externality?

Multiple Choice

A. A defective part that causes an automobile to break down three months after purchase.

B. Heat from a factory that makes the neighboring tomato patches more productive.

C. Carbon dioxide from energy generation that adds to the worldwide long-term greenhouse effect.

D. Acidic by-products of fossil fuel combustion that produce acid rain.

Question 47:

If a negative externality is associated with burning firewood:

Multiple Choice

A. less than the efficient amount of firewood for burning will be used each year.

B. the marginal social cost of burning firewood is exactly equal to its price.

C. the marginal social cost of burning firewood falls short of its price.

D. the marginal social cost of burning firewood exceeds the price of burning firewood.

Question 46:

Adverse selection is most likely to be a problem when:

Multiple Choice

A. the good being exchanged has negative externalities.

B. the good being exchanged has free rider problems.

C. one side of the market, either buyer or seller, has better information than the other side.

D. there are public goods involved.

Question 45:

Alex is playing his music at full volume in his dorm room. The other people living on his floor find this to be nuisance, but Alex does not care. Alex's music playing is an example of a:

Multiple Choice

A. Pareto externality.

B. negative externality.

C. positive externality.

D. normative externality.

Question 44:

James enjoys gardening in the nude because he says it puts him in touch with nature. His neighbors find his gardening routine very offensive, but James replies that they should mind their own business and not watch him. To an economist this situation illustrates the concept of:

Multiple Choice

A. adverse selection.

B. the tragedy of the commons.

C. a negative externality.

D. a positive externality.

Question 43:

Television broadcasts are often given as examples of a public good. However, it is possible to code a broadcast so that only people who pay for the decoder box can view it. The use of a coded signal does what to a television broadcast?

Multiple Choice

A. Makes it excludable

B. Makes it nonexcludable

C. Makes it rival

D. Makes it nonrival

Question 42:

Refer to the graph shown. The price and quantity that would prevail if all social costs and benefits were taken into account is:

Price marginal social cost S = marginal $5 private cost $4 $3 $2 $1.80 D = marginal social $1 benefit $0 1500 2000 2600 3100 Quantity\fPrice Supply A Pf B E Pe - - F C Pc D Demand Q2 Q1 Q3 Quantity