An example of a positive externality is when
A) an automobile emits a pollutant.
B) your neighbor plants a beautiful garden that visible from your house.
C) a virus spreads throughout a child care center.
D) an electric utility burns coal and emits smoke.
E) any act has a negative effect, or cost, on the well-being of others.
Correct Answer:
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Q44: Marginal social cost minus marginal external cost
Q45: Exhibit 15-1 Q46: A negative externality occurs when the purchase Q47: Suppose that the production of a good Q48: In a competitive market with a negative Q50: An externality is the effect that occurs Q51: An example of a good with a Q52: Exhibit 15-1 Q53: The marginal cost of production as viewed Q54: Exhibit 15-1 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
