Which statement is a positive externality? O Edwin has dozens of dogs that dig holes in your yard to bury bones. O Edwin listens to music on his iPhone with earbuds every evening at 6 PM. O Edwin dug a pond to enable him to fish, but the pond has contributed to an explosion of mosquitoes in your neighborhood. O Edwin buys a run-down house, renovates it, and increases the property values of all the houses in the neighborhood. O Liquid waste from Edwin's sheep farm flows into a neighbor's well water.
Which statement is a positive externality? O Edwin has dozens of dogs that dig holes in your yard to bury bones. O Edwin listens to music on his iPhone with earbuds every evening at 6 PM. O Edwin dug a pond to enable him to fish, but the pond has contributed to an explosion of mosquitoes in your neighborhood. O Edwin buys a run-down house, renovates it, and increases the property values of all the houses in the neighborhood. O Liquid waste from Edwin's sheep farm flows into a neighbor's well water.
Chapter1: Making Economics Decisions
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
Transcribed Image Text:Which statement is a positive externality?
Edwin has dozens of dogs that dig holes in your yard to bury bones.
O Edwin listens to music on his iPhone with earbuds every evening at 6 PM.
Edwin dug a pond to enable him to fish, but the pond has contributed to an explosion of mosquitoes in your neighborhood.
Edwin buys a run-down house, renovates it, and increases the property values of all the houses in the neighborhood.
O Liquid waste from Edwin's sheep farm flows into a neighbor's well water.
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