Which of the following is the best example of a good or service with an external benefit?
A) gasoline
B) education
C) garbage disposal
D) fertilizers
E) bread

Question

Quizplus · Accepted Answer

Education provides an external benefit because an educated person not only receives a personal benefit from their education but also contributes to the larger society through their increased knowledge and skills. This can lead to a more productive workforce, higher levels of innovation, and overall economic growth.

Which of the Following Is the Best Example of a Good