Top Posters
Since Sunday
g
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
s
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
lizsmith lizsmith
wrote...
Go to Answer
Posts: 486
Rep: 14 0
4 years ago

Question 1.

Some policymakers have argued that products like cigarettes, alcohol, and sweetened soda generate negative externalities in consumption. All else equal, if the government decided to impose a tax on soda, the equilibrium quantity of soda would ________ and the equilibrium price of soda would ________.



▸

increase; decrease



▸

decrease; decrease



▸

decrease; increase



▸

increase; increase



Question 2.

The demand curve for a public good is also called the



▸

total social benefit curve.



▸

total welfare curve.



▸

marginal social benefit curve.



▸

total willingness-to-pay curve.

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
Read 79 times
2 Replies
Replies
Answer verified by a subject expert
rinderbikrinderbik
wrote...
#1
Posts: 391
Rep: 51 0
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

lizsmith Author
wrote...
#2
4 years ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  696 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 282
  
 320
  
 333
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Do you trust social media networks with protecting your privacy?