What is an example of a positive externality? A) Air pollution from a factory B) Water contamination C) Vaccination against a contagious disease D) Noise pollution from a construction site

Q: e the nature of t

A: An externality is a cost or benefit being caused by a producer which is not either financially…

Q: Why is an increase in the concentration of carbon dioxide in the atmosphere associated with a social…

A: An increase in the concentration of carbon dioxide (CO2) in the atmosphere is related to a social…

Q: If a market situation arises where the externality is so dangerous in even small quantities, which…

A: In a market, government uses different types of policies to deal with externality. Different policy…

Q: Graphically represent the following: A corrective tax that achieves the socially optimal output…

A: In the case of negative externalities, the social cost of an activity is greater than the private…

Q: Which of the following is an example of an externality? (x) cigarette smoke that permeates an…

A: Externalities are important concepts in economics, representing the unintended side effects or…

Q: Which of the following is an example of a positive externality? A. Pollution from a factory B. Noise…

A: Externalities are unintended side effects of economic activities that affect third parties not…

Q: How would the owner respond to the negative externality caused by smokers?

A: Extranlity is defined as an external effect on others when one consumes or produces something.

Q: Which of the following represents a social benefit? Group of answer choices The satisfaction of…

A: Externality: - it is a cost or benefit generated for the third party by the actions of other people.

Q: Why transaction cost has become the reason to solve an externality problem?

A: Externality is the negative or positive spillover by the consumer or producer which affects the…

Q: If negative externalities exist in the production of a product, it causes causes_ of the product

A: Negative Externality : Negative Externality exists when the production or consumption of a good or…

Q: Explain how the effects of externalities can be remedied

A: Externalities are spillover effects on third part or on society because of consumption or production…

Q: An externality Select one: a. all answers are correct b. arises when property rights don’t exist or…

A: An externality is the external cost or external benefit incurred or received by an individual who is…

Q: What is the concept of a negative externality in economics? A. A benefit received by individuals who…

A: The idea of a negative externality in financial matters is fundamental to understanding what…

Q: The effect of a positive externality is similar to:      A supply curve (marginal social cost)…

A: This can be defined as a cost that shows the type of cost that an individual, business, or any other…

Q: Which of the following would result in a positive externality? Group of answer choices A)A power…

A: In economics, positive externality exists when benefits are gained by a third party who is not…

Q: Having an outdoor arena that will host country music concerts a half-mile from your neighborhood…

A: The benefit or cost that is imposed on a third party is not incorporated into the final cost is…

Q: Suppose that in greater Sydney, the demand for flowering plants is given by P = 60 – Q, and supply…

A: Externalities refer to the cost or benefits of a transaction incurred on a third party who is not…

Q: The farmer takes the rancher to court and the judge decides putting up a fence is the farmer’s…

A: An economic concept known as an externality refers to the unintentional side effects or…

Q: Which of the following is a positive externality?

A: Positive externality is the externality which impacts the society positively.  It occurs when the…

Q: Which of the following is associated with a positive externality? Traffic congestion Taxes Eating a…

A: When analyzing economic concepts, it is crucial to understand the concept of externalities, which…

Q: Thich of the following is an example of a negative externality? the benefit you receive when your…

A: Externality refers to cost or benefit that tends to affect people who is not the part of production…

Q: Suppose that a vaccine is developed for a highly contagious strain of flu. The likelihood that…

A: External costs and benefits or externalities  are the harmful/ beneficial side effects arise out of…

Q: negative externality and positive externality means what and what is an example of each.

A: The advantageous consequences of an economic activity that are felt by parties not directly involved…

Q: DRAW THE POSITIVE EXTERNALITY CURVE AND EXPLAIN-

A: Positive externality means certain advantage to third person which is not involved in the…