Which one or ones of the following is/are an example (or examples) of positive externality? 1. A shoe factory manufactures shoes at a river coast without restriction and local residents become ill due to polluted water. II. An architect designs a house for herself to live in lonely. III. A company pays lots of money for research and development and general level of knowledge within society increases along with new production techniques to manufacture cheaper and quality goods. IV. An apartment manager puts a disinfectant against Covid19 at entrance for residents and Cargo workers also use it. *

Which one or ones of the following is/are an example (or examples) of positive externality? 1. A shoe factory manufactures shoes at a river coast without restriction and local residents become ill due to polluted water. II. An architect designs a house for herself to live in lonely. III. A company pays lots of money for research and development and general level of knowledge within society increases along with new production techniques to manufacture cheaper and quality goods. IV. An apartment manager puts a disinfectant against Covid19 at entrance for residents and Cargo workers also use it. *

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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