Anexternalty can be created by O A. a production activity but not a consumption

Question

Anexternalty can be created by O A. a production activity but not a consumption activity O B. people working at a production job and enjoying their work O C. a production activity or a consumption actvity O D. a consumption activity but not a production activity O A. are always negative, and an example is the polution created by trucks B. are always postrve, and an examples su vacenators O C. can be negative or positve Logging has a negative externality, and education has a postve exteality O D. can be negative or positive A negative externality is 118 having to go to school when you would rather go to the beach,and a posive extemality is spending tme with your friends 5/18 9pm 15/18 59pm 1/1518 11.39pm 01/15/18 11:39pm 01/15/16Cck to select your answer 11:500m 1 5pm ASSESS Chapter 19 Quiz 11 59pm Assess chapter 2Qug 01 O F12 F11 F8

Explanation / Answer

An externality can be created by

Ans) C ) a production activity or consumption activity.

Reason- Production activity externality example is pollution emitted.

Consumption externality is the cost or benefit which is created by some other person than the consumer.

Externalities-

Ans) c) can be negative or positive. Logging has a negative externality and education has positive externallity.

Reason- Externality can be both positive and positive, option d examples for positive externality is wrong.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---