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Consider the network effects of delivery service by drones in Rwanda.
Identify the best example of a positive external benefit generated as new customers use the drone delivery service.
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- Which of the following is an example of an externality? (x) cigarette smoke that permeates an entire restaurant (y) a flu shot that prevents a student from transmitting the virus to her roommate (z) a beautiful flower garden outside of the local post office 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. (y) onlyASAP plz Why don't people/stores make different decisions? Cost is a factor: a case of foam take-out containers costs $25, compared with $58 for paper and recyclable-plastics. How does this affect the firm's profit? Are consumers willing to pay more? Negative externality Consider the demand and supply given above. Suppose there is an external cost given by MEC=5Q. Find social equilibrium price and quantity. Draw a graph and label both private and social equilibrium.The U.S. government has threatened to increase tariffs on European luxury automobiles because of a trade imbalance between the United States and the European Union. For American automakers like GM and Ford, this action would reflect Multiple Choice A. reactive strategy that would harm the technological environmental force. B. proactive maneuver to manipulate the social environmental force. C. positive result from regulatory environmental forces. D. positive response to a technological environmental force. E. negative impact as a result of adverse competitive, regulatory, and technological environmental forces
- draw a graph of a product without any externalityIdentify at least one positive externality from running a donut shop.Externalities Do you think that there would be external effects associated with Water from a uranium mine leaking into Kakadu National Park? If so, what would be the nature of the external effects? Can you think of policies that might deal with each external effect (that is, improve social wellbeing)?
- create a scipt about pollution as a social issue for a commercial video.With Diagram, show how external effects can change supply and demand in electricity generation.Which of these activities will most likely impose an external cost? A. An athlete works out at a gym. B. A postal worker smokes a cigarette in a crowded break room. C. A young father pushes his baby in a stroller. D. A construction worker eats a hotdog during her lunch break.
- International Agreements on Trade and the Environment a. In panel A, Home enjoys positive production externalities b. In panel B, Home enjoys positive consumption externalities associated with a particular good. Label the supply and social associated with a good. Label the demand and social marginal marginal cost curves on Panel A below. benefit curves on Panel B below. Panel A: Positive production externality Panel B: Positive consumption externality 20 S SMC 20 D SMB 19 19 S 18 18 17 17 16 16 15 15 14 14 13 13 12 12 11 11 10 10 P. H P 9. 8 8. 7 7 P W 6 W 4 3 2 1 1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Quantity 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Quantity Price PriceGraphically, the effects of an external benefit can be shown as A. a leftward shift of the market demand curve. B. a leftward shift of the market supply curve. C. a downward movement along the market demand curve. D. a rightward shift of the market demand curve.Why is a price change NOT an externality? Select one: a. A price change affects bystanders, not market participants. b. A price change does NOT change total costs or benefits, it only changes who buys the good. c. A change in price changes the marginal benefit of a good but does NOT change who buys and sells the good. d. A price change redistributes costs but not benefits.
