all of the following are examples of an externality except:2 tbsp brown sugar calories
C) Consists of three measures of human status used in the Human Development Index Competitive markets result in the socially efficient price and quantity when externalities exist. c. are unnecessary The platform was an extremely fraught sort of LinkedIn, one you would use to publicly waste company time. Prepare a statement of cash flows for Aggressive Corporation. d) fall to zero. But Twitter also puts your dinner-party remarks in front of people who were not invited to the dinner party, showing them exactly how little you considered them before chiming in. a. Someone reportedly edited Wikipedia to certify his death from diaper-related illness. By the next day, NBCs Today show was debunking the claim on its website. Someone you didnt know existed until five seconds ago? A couple of people got TV shows out of it. Is it so hard to believe that the image-obsessed salesman, up in his gilded cockpit in the vibes-detection machine, was learning something about what people wanted to hear? Referring to the balance sheet, this net income represents a more-than-acceptable 15% rate of return on assets of$200,000. d. is usually caused by government intervention into private markets Kevin Munger, an assistant professor of political science and social data analytics at Penn State he also happens to be an acquaintance of mine thinks of this confusion as the overhang of the broadcast paradigm in an era when it is no longer relevant. c) Yes, if transaction costs are minimal. c. In any event, I no longer have any trouble imagining what Star Wars-Le Creuset customers are like. Which of the following is not a reason why marketable permits may fail to achieve efficiency? B) Has risen in the United States while the GDP has remained fairly constant since 1970 Looking back, its hard not to see this as a tragic bargain. b. Econ 130-Fall 2016_ Quiz 6 b. obligatory controls c. pollution taxes d. private negotiations according to the Coase theorem Ans: A 5. b. Choice (A) is not an externality because the effect is experienced by a related party (the construction worker who purchased the automobile). a) Pigouvian But Williams, who created Blogger and sold it to Google for millions, came to see something else in Twitter: To him, its potential lay in its ability to create a running record of what was going on in the outside world. Twitter took off first with geeks in San Francisco, and then with people in the tech-media-music orbit at South by Southwest in 2007. Pervasive quote-tweet dunking, for example, is often used to highlight the most galling ideas coming from ones political foes, feeding users outrageous caricatures of the other side. C) A pulp mill that produces paper and pollutes the surrounding water and air d. He won awards this year from American Photography and the Society of Publication Designers. He says he will be looking for a new CFO in another year to run Aggressive Corporation along with his other businesses and Matt is just the kind of guy he is looking for. Photograph by Jamie Chung. (c) a pulp mill that produces paper and pollutes the surrounding water and air. all externalities have been eliminated. Acid rain produced by power plants. Which of the following results in a negative externality? c. Individuals will use the commons up to the point where marginal benefits equal marginal social costs. For some, it was their job to get a message out; for others, an ancillary goal; for others still, a reluctant undertaking done in the name of relevance. Eventually, well scrape the plates, load the dishwasher and leave the pans to soak (Hey, cool Dutch oven are those the twin suns of Tatooine?). Command-and-control regulations set an environmental goal and dictate how the goal will be achieved. a lovely flower garden planted by your neighbor which makes you smile. And though it seems unlikely that Twitter itself will disappear, the powerful mechanism it became over the years the one that made an often unprofitable company so valuable in the first place; the one that allowed a collectively conjured illusion to transform the real world seems to be sputtering and squealing, and all the noise is making it hard to communicate with the demon within. d. The Coase theorem states that, under certain conditions, the efficient allocation of resources among parties can be attained through: Write at least two paragraphs explaining your response. b) b The application included the following financial statements. wear/tear on roads such as potholes. Copy each of the following word pairs. \text{Long-term liabilities:} & \text{ } & \text{ }\\ A) World Resources Institute (WRI) Which point represents the equilibrium price of this nail polish if external costs are ignored? You can no longer believe that this platform offers an unobstructed view to the outside world, if you ever did, now that his hands have so thoroughly smudged up the glass. a. Statistically speaking, no one in the bottom 75 percent even posted at all: They produced a median of zero posts a month. d. contribute to pollution of the resource itself a form of negative externality. Economists have a strict definition of a public good, and it does not necessarily include all goods financed through taxes. increase the equilibrium quantity of the good produced in the market. But as time went on, and more people joined, the Williams view came to look prophetic. The external cost or benefit is not reflected in the final cost or benefit of a good or service. b. supporters earn more income (INCOME) than d) The demand curve shifts to the right. income effects. A market has a small number of buyers and sellers. Resource Conservation and Recovery Act (RCRCA). d. supporters (PARTYID: 0, 1 = Democrat; 5, 6 = Republican). the expense of installing new "green" equipment. The summer he founded Twitter, Jack Dorsey was hanging out in the Mission and working South of Market. c. no one owns it The citizens of Tennessee will pay more to reduce sulfur emissions than if the government used a command-and-control approach. This is an example of . Score 1. User: Standard error describes a measure Weegy: DNA molecule - is the molecule that carries genetic information for the development and functioning of an Weegy: Humans and lemurs are considered to be hominids. Taxing producers based on the external costs created by their pollution, thus internalizing external costs. a. water pollution b. your roommate going on a diet c. second-hand smoke d. loud conversation in the workplace e. your neighbor building a bomb shelter on her front lawn b. your roommate going on a diet Property rights can be defined and enforced And only a small proportion of users post. Twitter quickly figured out that its value lay in its ability to surface conversations: What was the world talking about? \text{Accounts receivable} & \text{$60,000$} & \text{0}\\ d) f. c) Q2 The pest control measure that is the least harmful will be implemented. Consumers taking external benefits into account will push the demand curve to the right. The analysis of positive externalities is almost identical to negative externalities. discourages the use of comparative advantage in the short run, and discourages the development of new technology in the long run. education. All of the following are examples of negative externalities EXCEPT. But when I open Twitter, I see a lot of people who can talk to that demon; who can process, intuitively, the positions and attitudes of unimaginable numbers of others; who know just what to tell the demon to make things move; who are happy, or close enough, spending hours sitting with the box, watching the pistons pump. Bail had read research showing that social media has actually given people a more diverse information diet. Estimate with 95% confidence the difference years of education (EDUC) between Democrats Individual will use the commons beyond the socially efficient point. d) A student voluntarily asks a question during class. d) demand; right. Empower women and improve maternal health. This sort of thing is happening to dozens of people at any moment on Twitter, routinely enough that it's more than some unfortunate externality, though not so often that you'd say it's the . 30. c. All of the following are ways to cope with negative externalities except public choice obligatory controls pollution taxes Creating new property forms Private negotiations according to the Coase theorem Expert Solution Want to see the full answer? Twitters takeover of the media class was rapid. The only way to prevent the collapse of the commons is to privatize the commons so that it is owned by a single individual. requiring car producers to install new air conditioners that do not use freon. 20. Five were original posts to the timeline. What if, Maxwell asked, you had a box split in two by a wall, and a tiny being sitting atop the wall, operating a little door, and this being was clever enough to track individual molecules and know how fast they were moving? D. Thermal pollution into a river from an electric plant. What Weird Twitter posters had in common, beyond being (mostly) funny, was a special brain damage that granted them access to the hidden frequencies of the internet. Valuation, according to environmental and ecological economics, would include all of the following except? . But this journalistic swarming instinct made Twitter an ideal place for activists to get a message out. Effluent taxes on pollutants. It appears that Elon Musk was troubled enough by Twitters role in the discourse battles that he felt he should control it himself, and $44 billion later nearly double his entire net worth at the outset of the pandemic he has his wish. As the Trump years progressed, this evolved into a broader concern about disinformation, misinformation and whether and how Twitter should seek to stop them. If you dont use Twitter which is perfectly normal; about three-quarters of Americans dont you should know that the platform has a function called quote-tweeting, which was introduced in 2015. a. An effluent tax is a tax imposed on rich people. The profits realized from hiring more employees to increase production. Larry mentions that as CFO, Matt would receive a significant salary. \text{Cash} & \text{$\$ 10,000$} & \text{$\$ 0$}\\ a) a b. C. computer software.D. C) It will decrease price and increase quantity demanded A positive externality occurs when Question 4 options: the private marginal benefits are equal to the social marginal benefits. Concept by Pablo Delcan. (I did this, briefly, so I could go to sleep that night.) B) Occupational Safety and Health Administration (OSHA) But for now, someone just turned up the lights, and its probably time to ask ourselves: What exactly have we been doing here for the last decade and a half? Consumed in an efficient manner. a. c. It allows users to show a tweet theyve encountered to their own followers, while adding their own text or image to comment on it. install scrubbers and other government-mandated equipment. 0 units Its only on the receiving end, where all these messages collect in one place, that it feels oppressive. purchase pollution permits from the government. a positive externality used to offset a negative one. a. Bigger is thus better. tend to hurt wealthier people more than poor people. But none of us have the power to stop it, either. a price per unit of discharge of pollution. Seeing Matt's hesitation, Larry Bling, the CEO of Aggressive Corporation, closes the door to the conference room and shares with Matt that he owns several other businesses. Incentive-based regulatory approaches: c. AGGRESSIVECORPORATIONBalanceSheetsDecember31AssetsCurrentassets:CashAccountsreceivableInventoryLong-termassets:EquipmentAccumulateddepreciationTotalassetsLiabilitiesandStockholdersEquityCurrentliabilities:AccountspayableInterestpayableLong-termliabilities:NotepayableStockholdersequity:CommonstockRetainedearningsTotalliabilitiesandstockholdersequity2018$10,00060,00040,000100,000(10,000)$200,000$20,00010,000100,00040,00030,000$200,0002017$00000$0$00000$0. 31. And behind all this lurked vague concerns about the algorithm, the exotic mathematical force accused of steering hypnotized users into right-wing extremism, or imprisoning people in a cocoon of smug liberalism, or somehow both. The free-rider problem refers to those who ride on public transit systems without paying. . In order to understand how it works, Munger says, you have to act on it and allow it to act on you. You have to post. d) reduce the price of product to increase its sales volume. Requiring automobiles to have catalytic converters. We both had recently learned how to send text messages and enjoyed visiting Dolores Park. For all the time I spent, I didnt even really put that much into it. It had grown from a place where people shared what they were having for lunch to one that was either changing the world or purely self-contained, a pearl of heightened reactions accreting around a tiny grain of provocation. b) abef a. . The Coase theorem says that efficient resource allocation may be attained through bargaining under certain conditions. b. Choices (B), (C), and (D) are all examples of externalities. The total external cost is the area between the supply curves for the quantity of nail polish produced. E) Banning the cap-and-trade practice, The genuine progress indicator (GPI) is a more representative measure of the wealth and well-being of a country than gross domestic product (GDP) because GPI . Private negotiations. (6). firms are earning zero profits. According to the lecture, all of the following are examples of environmental factors that influence mental health disorders EXCEPT: A. death B. brain damage C. divorce D. substance abuse Please select the best answer from the choices provided. a) reducing pollution from each firm by an equal amount. d. equals the value of the output level that maximizes the firm's profit Asked 11 hours 59 minutes ago|4/17/2023 9:30:47 PM. c. Your roommate going on a diet. set standards that are applicable to all situations and does not recognize unique circumstances. b. a college education Its still a great time indeed, its a little looser but it also feels as if many of us are just avoiding the inevitable. It was doubly important because of how precarious these new jobs were. How does the use of direct and indirect materials in production affect the accounts? Full cost pricing by the internalization of externalities could result in which of the following? Its not as if this was a terribly original thought; I didnt wake up and introduce to our culture, on a random Wednesday, the idea that male nerds like to buy Star Wars memorabilia. \text{Operating expenses} & \text{$50,000$}\\ c) A student sells his/her economics textbook after failing the class. 29. If we consider the posting side of things at all, it is to lament the excesses of cancel culture typically from the receiving end. provide less flexibility than the command-and-control approach. c) bargaining. All of the following are examples of external costs associated with driving a car except Question 3 options: car insurance. All of the following are negative externalities except: (a) global climate change as a result of greenhouse gas emissions from the burning of coal, oil, and gasoline. 32. c. marginal external cost What area represents the total externality cost of this nail polish? Film and television stars often discover that celebrity ______ in loss of privacy. In what way does the Occupational Safety and Health Administration (OSHA) contribute to environmental protection? Bail was especially curious about the filter bubble, the idea that social media platforms encircle users with opinions they share, causing them to be less amenable to arguments from the other side. Requiring firms to use a particular type of pollution-control technology, such as smokestack scrubbers or catalytic converters. Individuals will create institutions to prevent the collapse of the commons. More and more people joined, hoping to learn what was happening in the world and to share what was happening in theirs. D) Runoff of pesticides and fertilizers from a far into a nearby river c. A neighbor playing his stereo disturbingly loud. EPA marginal social permits. In the end, they showed that the reality was stranger than the theory: The more attention respondents paid to the bots, the more entrenched they became in their beliefs. c. 8. But Twitter can, if you tell it just the right thing, shoot every last one of them at you through a little door, creating a pocket of extreme heat without anyone having meant to do much at all. Suppose a firm wants to build a new factory that would add pollution to an already polluted area. Assuming Amy has the legal right to keep Jose from having a dog, a possible private solution to this problem is that: Which of the following is an example of a positive externality? The book recounts a somewhat absurd, but revealing, philosophical argument between the two founders. c) Property rights must be known. D) An incentive-based approach based on profits A tax that is placed on an activity generating negative externalities in order to achieve a socially efficient outcome is a(n)_________ tax. \end{matrix} 34. Weegy: A prefix is added to the beginning of a word to alter its meaning. The analysis of positive externalities is almost identical to negative externalities. a. All of the following result in negative externalities, EXCEPT: d) demand; right d. When there are negative externalities, the price should be adjusted so that it is . Whether the platform is dying or not, its time to reckon with how exactly it broke our brains. air pollution. Should the potential employment position with Aggressive Corporation have any influence on the loan decision? B) Is a method for encouraging sustainability that includes incentives, regulations, and penalties Coasian regulations. He bakes too. Strategies to implement environmental laws and regulations include all of the following EXCEPT. determine the most efficient method for different industries. Higher prices and a reduction in the consumption of items with high negative impacts. These two repellent magnets were fused together and left under the platforms floorboards. But if that seems like a clean victory for Williams, it wasnt quite. In his book, Bilton recounts how Dorsey initially considered and dismissed using audio as a medium because it would be impossible to use at a nightclub. (You could see this dynamic especially clearly at the height of the pandemic, when Twitters feed was some peoples primary porthole to the outside world.). c) the price of the permits will be the price at which the supply of permits of one firm will be equal to the demand for permits from the other firm. What is NOT included in the calculation of gross domestic product? A negative externality is something that impacts a person or people who are uninvolved in a situation. requiring car producers to install new air conditioners that do not use freon. E) Full cose pricing, Which is a United Nations organization concerned with the environment? c. ignored Which of the following is an example of an externality: d) Jose pays Amy $350 for her inconvenience, and keeps the dog. Your Twitter profile was also your calling card, potentially a life raft to a new job. d. a solar water heater which is outside and obscure from view, Pollution and other negative externalities arise because, a. there are no enforceable property rights to open-access resources, Unpriced by-products of production or consumption that impose costs on other consumers or firms are known as, If tuna in the sea are open-access resources, they will be used until the marginal value of additional use equals, The common pool problem This is an example of. c. b. ddt(lnttdt)\frac{d}{dt}\bigg(\displaystyle{\int}\frac{\ln{t}}{t}\ dt\bigg) Dorsey and Williams were correct to identify this as a conflict, even if they could not design or engineer it away. Photo illustration by Jamie Chung. Every post contains within it a unique core sample of the network and its makeup. And at some point back before we really knew what we were doing we hooked those pistons up all over the place. One of these people told me, and I dont think he was kidding, that an article of his went viral by fax machine. 37. Nevertheless, it is heavy users like this just the top quartile who produced 97 percent of the larger groups posts. Therefore, economists generally view externalities as a serious problem that makes markets inefficient, leading to market failures. The genuine progress indicator is a more representative measure of the wealth and well-being of a country than the gross domestic product because the GPI. . The IS-LM model with a risk premium in the investment function. Requiring firms to reduce their pollution by 50 percent, thus allowing them to emit 50 percent of their historical emissions, and allowing them to freely buy and sell allowances. b. a private good Though it didnt feel this way at the time, as I look back now, its clear that no one was actually upset about the Star Wars thing, not in any meaningful sense. 2. Preparing a pizza, writes Florian Weber, one of the projects first engineers. A) It will increase price and decrease quantity demanded Decide whether the following statement is true or false. For example, if you're playing loud music while driving through your neighborhood late at night, you may wake up your neighbors. A set of mini cocottes had been decorated to resemble the lovable droid characters C-3PO, R2-D2 and BB-8. Weegy: Variability is how spread out or closely clustered a set of data is. FALSE. All of the following are examples of negative externalities except one. b) Banning all water pollution in a particular area. b. Which of the following is an example of a positive externality? a. If you cant imagine those things, thats about you, not other people.; Showed my son, hes trying to find them to order them now. transaction costs. d) allowing firms with higher costs of polluting to pollute less and firms with lower costs of polluting to pollute more. a. total private cost All of the following are examples of positive externalities except research and development performed by a private company. All of the following are examples of negative externalities EXCEPT Includes resource depletion and pollution and health of the population in its calculation. Its possible the party will stretch on until sunrise, when the more sensible guests will return. social welfare is maximized. Right beneath the text of the tweet is information about what the network thinks of it: the numbers of replies, retweets and likes. c) reducing efficiencies to zero. C. the construction of a new football stadium leading to increased income for local businesses. b. Should we regard it as pure coincidence that he spent all those years on Twitter, with an enormous following and the sonar capabilities of an Ohio-class submarine? The sensitive could process all that information, telling the demon which piston to fire. b. The Coase theorem requires that property rights be defined. a. not enough of the product is being produced C) Clean Water Act (CWA) What happens when external costs of production are taken into consideration by producers? This happened so often that three of the most extreme conservatives in our study began following each other, Bail writes in his book Breaking the Social Media Prism. The trio teamed up to attack many of the messages our liberal bot retweeted for an entire week, often pushing each other to make increasingly extreme criticism as time passed., Bail argues that Twitter is a prism that bends both the depiction of reality you see through it and your own efforts to show who you are to the world. A) II only (It, too, has a name: getting ratioed.) You have a few options when this happens. b. inefficient in the short run and long run. b. a) lie below and to the left of the demand curve that incorporates both private and social benefits. C) The industrial sector is heavily dependent on coal and renewable energy e. marginal private cost divided by marginal external cost, d. marginal private cost plus marginal external cost, Society's total cost of producing a good Even convincing people that thats true is really hard, he told me, because there is an enormous apparatus of talking heads telling them otherwise. d. Is it in the algorithm or the UX? Select one: a. water pollution b. your roommate going on a diet c. second-hand smoke d. loud conversation in the workplace e. your neighbor building a bomb shelter on her front lawn See answers Advertisement fichoh Maxwell proposed a means of circumventing the second law of thermodynamics, which basically states that in a closed system, disorder will increase naturally unless energy is used to stop it; heat will always dissipate into cold. Question: QUESTION 39 All of the following except __ are examples of negative externalities. Or would he be tweeting that he was witnessing a fire on Market and Third? d) DeaC. (He once tweeted Maxwell was incredible, but that was right around the time a cricketer named Glenn Maxwell did something impressive in an Indian Premier League match, so he just ended up confusing much of South Asia.) \text{Equipment} & \text{$100,000$} & \text{0}\\ Imperfect information exists on the value of a permit. At the same time, the pandemic and the federal response to it would create bizarre macroeconomic dynamics that would help one man grow his net worth tenfold in two years, transforming him from a high-profile but middle-of-the-pack billionaire into the wealthiest man in human history. Which of the following can be a renewable resource? . That was, in Dorseys mind, a key use case. Marketable pollution permits. Aggressive Corporation approaches Matt Taylor, a loan officer for Oklahoma State Bank, seeking to increase the company's borrowings with the bank from $100,000 to$150,000. D) I, II, and III, Which is a harmful effect of poverty? Lots of corporations had come to Twitter to offer quick customer service, and Heck and his friends enjoyed messing with them. b. a) Pigouvian And one side welcomed him while the other rejected him. In the discussed example before, what percent of the collection is priced $40\$40$40 or over? b. I am told by my superiors here at The Times that there was a time when journalists would talk about what theyd been reading at the bar, or at cocktail parties. encourages the use of comparative advantage in the short run, but discourages the development of new technology in the long run. In fact, a tweet contains layers of information beyond that: not just how many people liked it or replied, but who, and what they said, and how they present themselves, and whom they follow, and who follows them, and so on. The resulting hot spot problem is: Over the last 48 hours, I have made 14 posts. The mailer-daemon that returns bounced emails to your inbox, for example, is one of many background processes that takes its name from Maxwells concept. \underline{\text{Liabilities and Stockholders' Equity}} & \text{ } & \text{ }\\ A businessman named Janis Krums was on a ferry to New Jersey when the boats captain announced that a plane was down in the water, and they were going to see if they could help. \end{matrix} d) The demand curve shifts to the right. It can be used to provide unlimited free energy, but it doesnt work unless there is someone sitting outside, looking at it. d. b) the regulator sets the price of the tradable permits. d) A regulation that holds a firm accountable for disposal of its hazardous waste. The equilibrium price if external costs are ignored occurs where D equals SP. The pig farm industry is perfectly competitive and causes pollution to the surrounding air and water. In any event, the barrier between work and goofing around grew dangerously thin, especially as more influential people and entities arrived. traffic congestion. I hit send. allowing coal producers to buy and sell permits to allow CFC emissions. 27. C. the construction of a new football stadium leading to increased income for local businesses. Imagina que trabajas en una casa editorial (publisher).
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