Due to ongoing budget shortfalls,the city of Detroit has suspended services,such as street cleaning and maintenance of city-owned properties in several neighborhoods.In response,some homeowners in these neighborhoods sweep the streets,replace street lights,and mow the grass on city-owned lots.These actions by homeowners represent ________.

Question

Quizplus · Accepted Answer

The homeowners' actions of sweeping the streets, replacing street lights, and mowing the grass on city-owned lots are considered a positive externality in production because they contribute to the overall well-being of the neighborhood and its residents. These actions are not done for personal gain or profit, but rather to improve the quality of life in the community. As such, these actions can have a positive effect on property values and the overall attractiveness of the neighborhood.

Due to Ongoing Budget Shortfalls,the City of Detroit Has Suspended