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produces a positive externality if it prevents other people from getting sick and a negative externality if the bacterial infection becomes resistant to antibiotics. O produces a positive externality if his medical insurance pays for the visit and a negative externality if Jostin has to pay out of pocket. O produces a negative externality if the doctor was hoping to leave early that day and a positive externality if the doctor was hoping to boost her income. produces a negative externality if he was supposed to be home studying for his classes. c. An urban farmer decides to build a bee hive to help pollinate the rooftop gardens in his neighborhood. The beehive generates a positive externality if the rooftop gardens benefit from the pollination and a negative externality if the neighbors get stung by bees. generates a negative externality if the farmer spends nearly all his time tending the bees and rarely leaves his home. generates a negative externality if the bees are killed by a colony of wasps. generates a positive externality if the farmer creates a successful online business that sells products made from the bees' honev O O

produces a positive externality if it prevents other people from getting sick and a negative externality if the bacterial infection becomes resistant to antibiotics. O produces a positive externality if his medical insurance pays for the visit and a negative externality if Jostin has to pay out of pocket. O produces a negative externality if the doctor was hoping to leave early that day and a positive externality if the doctor was hoping to boost her income. produces a negative externality if he was supposed to be home studying for his classes. c. An urban farmer decides to build a bee hive to help pollinate the rooftop gardens in his neighborhood. The beehive generates a positive externality if the rooftop gardens benefit from the pollination and a negative externality if the neighbors get stung by bees. generates a negative externality if the farmer spends nearly all his time tending the bees and rarely leaves his home. generates a negative externality if the bees are killed by a colony of wasps. generates a positive externality if the farmer creates a successful online business that sells products made from the bees' honev O O

Principles of Microeconomics
Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Externalities
Section: Chapter Questions
Problem 3PA
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I need help with qusetion A, B and C

Jostin's visit to the doctor produces a positive externality if it prevents other people from getting sick and a negative externality if the bacterial infection becomes resistant to antibiotics. produces a positive externality if his medical insurance pays for the visit and a negative externality if Jostin has to pay out of pocket. O produces a negative externality if the doctor was hoping to leave early that day and a positive externality if the doctor was hoping to boost her income. produces a negative externality if he was supposed to be home studying for his classes. c. An urban farmer decides to build a bee hive to help pollinate the rooftop gardens in his neighborhood. The beehive generates a positive externality if the rooftop gardens benefit from the pollination and a negative externality if the neighbors get stung by bees. generates a negative externality if the farmer spends nearly all his time tending the bees and rarely leaves his home. generates a negative externality if the bees are killed by a colony of wasps. O generates a positive externality if the farmer creates a successful online business that sells products made from the bees' honey.
Transcribed Image Text:Jostin's visit to the doctor produces a positive externality if it prevents other people from getting sick and a negative externality if the bacterial infection becomes resistant to antibiotics. produces a positive externality if his medical insurance pays for the visit and a negative externality if Jostin has to pay out of pocket. O produces a negative externality if the doctor was hoping to leave early that day and a positive externality if the doctor was hoping to boost her income. produces a negative externality if he was supposed to be home studying for his classes. c. An urban farmer decides to build a bee hive to help pollinate the rooftop gardens in his neighborhood. The beehive generates a positive externality if the rooftop gardens benefit from the pollination and a negative externality if the neighbors get stung by bees. generates a negative externality if the farmer spends nearly all his time tending the bees and rarely leaves his home. generates a negative externality if the bees are killed by a colony of wasps. O generates a positive externality if the farmer creates a successful online business that sells products made from the bees' honey.
Externalities and Public Goods End of Chapter Problem a. Joe decides to build a chicken coop in his suburban backyard. He has several hens and one rooster. The rooster wakes up his neighbor each morning at 5:00 am. Joe's chicken coop creates a negative externality if his chickens do not lay eggs. creates a positive externality if the neighbor wants to sleep longer but accepts free eggs in exchange for the inconvenience. creates a positive externality if Joe sells his chickens' eggs at the local farmers' market. creates a negative externality if the neighbor wants to sleep longer and a positive externality if the neighbor is happy to be awaken early each day. b. Jostin is ill and goes to the doctor. The doctor diagnoses him with a bacterial infection and prescribes an antibiotic. Jostin's visit to the doctor produces a positive externality if it prevents other people from getting sick and a negative externality if the bacterial
Transcribed Image Text:Externalities and Public Goods End of Chapter Problem a. Joe decides to build a chicken coop in his suburban backyard. He has several hens and one rooster. The rooster wakes up his neighbor each morning at 5:00 am. Joe's chicken coop creates a negative externality if his chickens do not lay eggs. creates a positive externality if the neighbor wants to sleep longer but accepts free eggs in exchange for the inconvenience. creates a positive externality if Joe sells his chickens' eggs at the local farmers' market. creates a negative externality if the neighbor wants to sleep longer and a positive externality if the neighbor is happy to be awaken early each day. b. Jostin is ill and goes to the doctor. The doctor diagnoses him with a bacterial infection and prescribes an antibiotic. Jostin's visit to the doctor produces a positive externality if it prevents other people from getting sick and a negative externality if the bacterial
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