Which of the following is an example of externalities?
A)There are not enough tickets available to concerts of extremely popular performers.
B)The price of medical care has risen dramatically as a result of the introduction of sophisticated equipment and techniques.
C)Polio shots and chest x-rays provide widespread benefits to the community as a whole as well as to the individuals who get them.
D)Extensive decreases in the prices of electronic equipment resulted in large numbers of bankruptcies in the computer industry.

Question

Quizplus · Accepted Answer

Polio shots and chest x-rays provide benefits to not only those who receive them but also to the community as a whole. This is an example of a positive externality.

Which of the Following Is an Example of Externalities