Mankiw Chapter 11 Question 8 The federal gov't tests the safety of car models and provides the test results free of charge to the public. Do you think this information qualifies as a public good? Why or why not?

What should the government set their corrective tax to if they want to eliminate 7 units of pollution?

A glue factory and steel mill emit smoke and containing a chemical that is harmful if inhaled in large amount .Describe three way the town goverment.might respond ti this externality,what are the pros and cons each solution .

Is it in the public interest to tax cigarettes? Explain your position using some of the economic concepts or graphs.

D Question 7 Noise generated by an airport best illustrates.  market power. overproduction of private goods. an externality. an inequity.

What kind of public good does European Union try to provide?

Do public libraries meet the definition of public goods?

Solve part d,e and f. (f)What does this problem teach you about the optimal provision of public goods?

Which of these is a pure public good? OA. Satellite radio broadcasts B. Public health sion C. Fresh air D. Gasoline ← PREVIOUS

When externalities cause markets to be inefficient (x) government action is sometimes needed to solve the problem. (y) private solutions can be developed to solve the problem. (z) there is a way to eliminate the problem of externalities in the market if producers are provided with the appropriate incentives to internalize the externality. Select one or more: a. (x), (y) and (z) b. (x) and (y) only c. (x) and (z) only d. (y) and (z) only e. (z) only