Positive externalities are benefits that affect others external to a choice or a trade.

Name: Positive externalities are benefits that affect others external to a choice or a trade.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Positive externalities occur when an individual's action or decision results in a positive effect on others who are not part of that decision. For example, a person who chooses to get vaccinated not only benefits themselves but also contributes to the health and safety of the community, creating a positive externality.

Positive Externalities Are Benefits That Affect Others External to a Choice