One example of an external benefit is a homeowner planting a beautiful flower garden by the street.

Name: One example of an external benefit is a homeowner planting a beautiful flower garden by the street.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The homeowner's flower garden not only beautifies their own property, but also enhances the aesthetic of the neighborhood and potentially increases property values for neighboring homes. This is an example of an external benefit to those around the homeowner.

One Example of an External Benefit Is a Homeowner Planting