A positive externality results when A. someone pays for a good or service even though she is not directly affected by the production or consumption of it. B. people who are not directly involved in producing or paying for a good or service benefit from it. C. economists are sure that a good or service provides benefits to consumers. D. people who live in one country benefit from the production of a good or service that occurs in another country.
A positive externality results when A. someone pays for a good or service even though she is not directly affected by the production or consumption of it. B. people who are not directly involved in producing or paying for a good or service benefit from it. C. economists are sure that a good or service provides benefits to consumers. D. people who live in one country benefit from the production of a good or service that occurs in another country.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A positive externality results when
someone pays for a good or service even though she is not directly affected by the production or consumption of it.
people who are not directly involved in producing or paying for a good or service benefit from it.
economists are sure that a good or service provides benefits to consumers.
people who live in one country benefit from the production of a good or service that occurs in another country.
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