Which of the following is an example of a positive externality?

Question

Quizplus · Accepted Answer

A positive externality is a benefit that is received by a third-party as a result of an economic transaction between two other parties. In this case, the homeowner's maintenance of a beautiful lawn creates a benefit for their neighbors, who can enjoy the view and the increased property value. This benefit is not captured by the homeowner's price system and is therefore considered a positive externality.

Which of the Following Is an Example of a Positive