Question
please answer these questions 1.Helena does her bathroom Saturday night and she wants to see a movie and surf the web. If she doesn'tcleanherbathroomand surf
please answer these questions
1.Helena does her bathroom Saturday night and she wants to see a movie and surf the web. If she doesn'tcleanherbathroomand surf the web what is the value (note she cannot see the movie and surf the web).
A. The value of Helen of watching a movie.
B. The value of Helen of suffering the web.
C. The value of Helen surfing the web PLUS the value of watching a movie.
D. The value of cleaning her bathroom MINUS the value of surfing the web.
E. The value of cleaning her bathroom MINUS the value of surfing the web.
2.An unregulated negative production externality will cause a private market to
A. Produce less than is socially optimal
B. Produce more than is socially optimal
C. Produce more than market equilibrium
D. Produce less than market equilibrium
E. Produce the amount that is socially optimal
3.Everything else the same, if the price level in Japan rises relative to the price level in the U.S.,
a. the supply of dollars and the demand for yen in the foreign exchange market will
decrease.
b. the supply of dollars and the demand for yen in the foreign exchange market will
increase.
c. the demand for dollars and the supply of yen in the foreign exchange market will
decrease.
d. the yen will appreciate.
e. the dollar will depreciate.
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