John raises bees to pollinate his orchard. A couple of bees which escaped ended up pollinating his neighbor's orchard, so
A) John's neighbor has received an internal cost of John's bee-keeping.
B) John's neighbor has received an external cost of John's bee-keeping.
C) John's neighbor has received an external benefit of John's bee-keeping.
D) None of the above is correct.
Correct Answer:
Verified
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A) borne by individuals other
Q61: An externality
A) may be positive or negative.
B)
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