Which of the following is a positive externality?
A) After measles vaccinations increase by 20%, the number of cases of measles falls by 35%.
B) After a large stadium is built in a neighborhood, homeowner property values in the neighborhood fall because of noise and traffic.
C) After the price of dental care decreases, more people can afford regular dental check-ups.
D) Researchers develop a new drug that effectively treats a devastating disease that previously had no cure.
Correct Answer:
Verified
Q12: An externality is NOT:
A)an unintended impact on
Q13: A price change will NOT cause:
A)a change
Q14: Why is a price change NOT an
Q15: Which of the following statements supports the
Q16: Which of the following describes a situation
Q18: What is the difference between a positive
Q19: Your personal best interest is based on
Q20: When your actions affect bystanders, then your
Q21: Marginal private cost is the:
A)the marginal cost
Q22: The cost paid by the seller in
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