1. Which of the following is not an obstacle to achieving environmental efficien

Question

1. Which of the following is not an obstacle to achieving environmental efficiency through markes?

A. Transaction

B. Income effects

C. Free-Rider problems

D. Private Negotiations

2. solar vehicles that operate on photovolatic cells:

A. are economically efficient today as compared to gasoline vehicles.

B. are not economically efficient today because they create fewer negative xternalities than gasoline vehicles.

C. are not economically effficient even though they create fewer negative externalities than gasoline vehicles

D. Should be subsidized by government so that they cost less than gasoline automobiles.

3. Ronald Coase's analysis of externalities emphasies the importance of:

A. command and control regulation

B. effluent taxes

C. Property rights

D. international sovereignty

These questions relate to my upcoming final/test: any answere would be very much appreciated

Explanation / Answer

1. Which of the following is not an obstacle to achieving environmental efficiency through markes?

A. Transaction

B. Income effects

C. Free-Rider problems

D. Private Negotiations

2. solar vehicles that operate on photovolatic cells:

A. are economically efficient today as compared to gasoline vehicles.

B. are not economically efficient today because they create fewer negative xternalities than gasoline vehicles.

C. are not economically effficient even though they create fewer negative externalities than gasoline vehicles

D. Should be subsidized by government so that they cost less than gasoline automobiles.

3. Ronald Coase's analysis of externalities emphasies the importance of:

A. command and control regulation

B. effluent taxes

C. Property rights

D. international sovereignty

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