Standing in line at a small-town grocery store gives people a chance to socialize.Is this a positive externality associated with the act of shopping? Why or why not?
A) Yes,because chatting with others is not inherently part of buying groceries.
B) No,because the benefit is to the shoppers,not to third parties.
C) Yes,because in large cities such socializing would not occur.
D) No,because people can easily socialize elsewhere,as well.
E) Yes,because not every shopper is in a mood to talk.
Correct Answer:
Verified
Q62: Refer to the accompanying figure.Which area represents
Q63: External benefits arise from the actions of
A)
Q64: Refer to the accompanying figure.Which area represents
Q65: Clean air becomes polluted because
A) it is
Q66: Consider the accompanying figure to answer the
Q68: Which good has well-defined property rights?
A) wild
Q69: Refer to the accompanying figure.The market for
Q70: Which of the following is an example
Q71: What makes an externality positive rather than
Q72: Consider the accompanying figure to answer the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents