A. a tradeable pollution permits.
B. an attempt to internalize a positive externality
C. an application of the Coase theorem
D. an attempt to internalize a negative externality.
Related Mcqs:
- Refer to Exhibit 4. If a tax is placed on the product in this market tax revenue paid by the buyers is the area ?
A. B + C + E + F
B. B
C. B + C
D. A - Refer to Exhibit 4. If a tax is placed on the product in this market tax revenue paid by the sellers is the area ?
A. C + F
B. A
C. B
D. C - A tax placed on a good that is a necessity for consumers will likely generate a tax burden that ?
A. falls more heavily on sellers
B. falls entirely on sellers
C. falls more heavily on buyers.
D. is evenly distributed between buyers and sellers. - The property tax wealth tax inheritance tax and income taxes such as persona and corporate taxes are ?
A. indirect taxes
B. direct taxes
C. inelastic
D. value-added tax - Imagine there is no tax on income up to Rs 1000 after that there is a tax of 505 what is the average tax rate on an income of Rs 20,000 ?
A. Rs 50000
B. 20%
C. 25%
D. Rs 10000 - A case when internal economies of scale bring about a continuously falling average cost curve that makes having more than one firm in an industry inefficient is illustrative of ?
A. a natural monopoly
B. an LDC’s limit of one firm to an industry
C. an individual firm facing a horizontal (perfectly elastic) demand curve in LDCs
D. The existence of oligopoly - Refer to Exhibit 4. If there is no tax placed on the produced in this market consumer surplus is the area ?
A. C + D + F
B. A
C. A + B + E
D. D + C + B - Refer to Exhibit 4. If a tax is placed on the product in this market, producer surplus is the area?
A. A + B + E
B. A + B + C + D
C. A
D. D - Refer to Exhibit 4. If a tax is placed on the product in this market total surplus is the area ?
A. A + B + C + D+ E +F
B. A + B + C + D
C. A + D
D. B + C + E + F - Which of the following takes place when a tax is placed a good ?
A. a decrease in the price buyers pay, an increase in the price sellers receive, and a decrease in the quantity sold
B. an increase in the price buyers pay a decrease in the price sellers receive, and an increase in the quantity sold
C. a decrease in the price buyers pay, an increase in the price sellers receive and an increase in the quantity sold
D. an increase in the price buyers pay a decrease in the price sellers receive and a decrease in the quantity sold
