Please solve 9 ,10 and 11 EconomicsQuestion 9Which of the following is not true about Lindahl pricing?O a. There is unanimous agreement with the equilibrium in the sense that no individual would be motivated to make a change.O b. Although marginal cost may not equal marginal benefit for all individuals, every individual receives a net gain.O C. An obstacle to achieving it is that individuals might be impelled to conceal their true preferences.Od. It is an idealized but impractical way to determine equilibrium in a market for public goods.Question 10Which of the following explains "market failure" (or non-viability or the "death spiral") of some insurance markets?O a. consumption-smoothing.O b. moral hazard.Oc. adverse selection.O d. reduced levels of "self-insurance."O e. diminishing marginal utility or benefit.Question 11The debt ceiling disputes that arise in the U.S. Congress over whether to raise the ceiling to allow more borrowing and spending could arise from widespreadacceptance ofO a. Arrow's Impossibility Theorem.O b. direct democracy.Oc the theory of size-maximizing bureaucracy.O d, the median voter modelO e. Leviathan theory.

As per the guidelines answer is provided to the first question i.e. Q9. Answer 9) "The Lindahl price…

Question 9 Which of the following is not true about Lindahl pricing? O a. There is unanimous agreement with the equilibrium in the sense that no individual would be motivated to make a change. O b. Although marginal cost may not equal marginal benefit for all individuals, every individual receives a net gain. OC. An obstacle to achieving it is that individuals might be impelled to conceal their true preferences. Od.lIt is an idealized but impractical way to determine equilibrium in a market for public goods.

Question 9 Which of the following is not true about Lindahl pricing? O a. There is unanimous agreement with the equilibrium in the sense that no individual would be motivated to make a change. O b. Although marginal cost may not equal marginal benefit for all individuals, every individual receives a net gain. OC. An obstacle to achieving it is that individuals might be impelled to conceal their true preferences. Od.lIt is an idealized but impractical way to determine equilibrium in a market for public goods.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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