Which of the following doesn't provide a positive externality:
A) Education
B) Research
C) Botanical garden
D) Chicken farm
E) Vaccination

Question

Quizplus · Accepted Answer

The chicken farm does not provide a positive externality because it does not have any external benefits to society. It only provides a private benefit to the owner. The other options provide positive externalities as they have benefits that spill over to the wider community beyond the individual or organization that pays for or provides them. Education, research, botanical garden, and vaccination provide benefits such as increased knowledge, scientific discoveries, improved environment and public health, respectively, that can lead to greater economic output, social welfare, and quality of life for individuals and society as a whole.

Which of the Following Doesn't Provide a Positive Externality