What type of activity creates an externality? Is an externality positive or negative? An externality can be created by O A. a production activity or a consumption activity OB. a production activity but not a consumption activity OC. people working at a production job and enjoying their work OD. a consumption activity but not a production activity Externalities O A. can be negative or positive. Logging has a negative externality, and education has a positive externality O B. are always negative, and an example is the pollution created by trucks OC. can be negative or positive. A negative externality is having to go to school when you would rather go to the beach, and a positive externality is spending time with your friend O D. are always positive, and an example is flu vaccinations
What type of activity creates an externality? Is an externality positive or negative? An externality can be created by O A. a production activity or a consumption activity OB. a production activity but not a consumption activity OC. people working at a production job and enjoying their work OD. a consumption activity but not a production activity Externalities O A. can be negative or positive. Logging has a negative externality, and education has a positive externality O B. are always negative, and an example is the pollution created by trucks OC. can be negative or positive. A negative externality is having to go to school when you would rather go to the beach, and a positive externality is spending time with your friend O D. are always positive, and an example is flu vaccinations
Chapter8: Market Failure
Section: Chapter Questions
Problem 1P
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