The Lojack is an example of a product that:
A) produces a positive externality.
B) produces a negative externality.
C) contributes to global warming.
D) contributes to illegal gambling on cards.

Question

Quizplus · Accepted Answer

The Lojack system produces a positive externality by reducing the rate of vehicle theft and increasing the chances of stolen vehicles being recovered. This benefits not only the owner of the vehicle, but also the community at large by reducing crime rates and increasing safety.

The Lojack Is an Example of a Product That