Solved

Many People Are Not Familiar with Electric Cars

Question 1

Multiple Choice

Many people are not familiar with electric cars. By introducing the concept, Tesla, and BYD help to educate car buyers about electric cars. What externality is at work?


A) Positive externality from Tesla and BYD to consumers.
B) Positive externality from Tesla and BYD to other manufacturers of electric cars.
C) Negative externality from Tesla and BYD to consumers.
D) Negative externality from Tesla and BYD to all other car manufacturers.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents