A well-maintained house and yard is an example of
A) a positive externality.
B) a negative externality.
C) a public good.
D) logrolling.

Question

Quizplus · Accepted Answer

A well-maintained house and yard can increase the property values of neighboring homes and enhance the overall appeal of a neighborhood, which benefits others besides the homeowner. This is an example of a positive externality, where a third party receives a benefit from an action they were not involved in.

A Well-Maintained House and Yard Is an Example of