Exam 13 November, questions and answers PDF

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Download Exam 13 November, questions and answers PDF

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Public financ financee

Exam

Q1:-Pick a Pareto efficient point in your Edgeworth box. Use it to illustrate why society may want more than just pareto efficiency. (with your graph) ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… ……………………………………………………………………… 1

MR:- Mahmoud Hamed

Public financ financee

Exam

1)At point A:-……………..=…………………… 2)At point B:-……………..=…………………… 3) Inefficient (actual) quantity:-………………………. 4) Society maximized Social welfare at …………….. …………………… 5) 3rd party gain gains (welfare) ………………………. 6) Loss to polluter ………………………. 7) Net gain to society (efficiency loss):- ………………………. 8) Tax revenue ………………………. Q3:-what the main difference between pure public good and private good?

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MR:- Mahmoud Hamed

Public financ financee

Exam

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MR:- Mahmoud Hamed

Public financ financee

Exam

Q4;-Suppose Mahmoud and Eman produce 180 units of emission, and Eman incurs higher cost than Mahmoud in reducing a unit of emission

Suppose government decided to reduce emission by 200 and make an Emission tax =$50 per unit of pollution Suppose Mahmoud decide to reduce pollution by 150 unit and Eman reduce pollution by 50 unit what emission tax paid by Mahmoud and Eman and show this with graph ?

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MR:- Mahmoud Hamed...