经济学原理对应练习10.pdfVIP

398 Chapter 10/Externalities 52. Refer to Figure 10-4. This market is characterized by a. government intervention. b. a positive externality. c. a negative externality. d. None of the above is correct. ANS: C PTS: 1 DIF: 2 REF: 10-1 TOP: Negative externalities MSC: Analytical 53. Refer to Figure 10-4. Without government intervention, the equilibrium quantity would be a. Q . 1 b. Q . 2 c. Q3 . d. Q4 . ANS: C PTS: 1 DIF: 2 REF: 10-1 TOP: Negative externalities MSC: Analytical 54. Refer to Figure 10-4. The socially optimal quantity would be a. Q1. b. Q2 . c. Q . 3 d. Q . 4 ANS: B PTS: 1 DIF: 2 REF: 10-1 TOP: Negative externalities MSC: Analytical 55. Refer to Figure 10-4. This market a. has no need for government intervention. b. would benefit from a tax on the product. c. would benefit from a subsidy for the product. d. would maximize total well-being at Q3. ANS: B PTS: 1 DIF: 2 REF: 10-1 TOP: Negative externalities MSC: Analytical 56. Refer to Figure 10-4. If this market is currently producing at Q , then total economic well-being would increase if 4 output a. increased beyond Q4 . 2 b. decreased to Q . c. decreased to zero. d. stayed at Q . 4 ANS: B