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Dashboard / My courses / ECON528-850-202520 / Module 7 / Module 7: Quiz
Started on Monday, October 7, 2024, 12:49 PM
State Finished
Completed on Monday, October 7, 2024, 12:53 PM
Time taken 3 mins 29 secs
Grade 10.00 out of 10.00 (100%)
, Question 1 Back to Top
Correct 1.00 points out of 1.00
Mr. Leghorn lives next door to Mr. Fudd. During hunting season, Mr. Fudd likes to shoot rabbits in his backyard, which activity he
values at $900. The noise from the shooting disturbs Mr. Leghorn and prevents him from taking afternoon naps, which he values at
$500. If Mr. Leghorn has the legal right to stop Mr. Fudd from hunting, the socially optimal outcome is for:
Select one:
a. Mr. Leghorn to pay $500 or less to get Mr. Fudd to stop hunting
b. Mr. Fudd to pay Mr. Leghorn between $500 and $900 to continue hunting
c. Mr. Fudd to stop hunting
d. Mr. Fudd to pay Mr. Leghorn less than $500 to continue hunting
Your answer is correct.
The correct answer is: Mr. Fudd to pay Mr. Leghorn between $500 and $900 to continue hunting
Dashboard / My courses / ECON528-850-202520 / Module 7 / Module 7: Quiz
Started on Monday, October 7, 2024, 12:49 PM
State Finished
Completed on Monday, October 7, 2024, 12:53 PM
Time taken 3 mins 29 secs
Grade 10.00 out of 10.00 (100%)
, Question 1 Back to Top
Correct 1.00 points out of 1.00
Mr. Leghorn lives next door to Mr. Fudd. During hunting season, Mr. Fudd likes to shoot rabbits in his backyard, which activity he
values at $900. The noise from the shooting disturbs Mr. Leghorn and prevents him from taking afternoon naps, which he values at
$500. If Mr. Leghorn has the legal right to stop Mr. Fudd from hunting, the socially optimal outcome is for:
Select one:
a. Mr. Leghorn to pay $500 or less to get Mr. Fudd to stop hunting
b. Mr. Fudd to pay Mr. Leghorn between $500 and $900 to continue hunting
c. Mr. Fudd to stop hunting
d. Mr. Fudd to pay Mr. Leghorn less than $500 to continue hunting
Your answer is correct.
The correct answer is: Mr. Fudd to pay Mr. Leghorn between $500 and $900 to continue hunting
