Which of the following results in a positive externality? You bring your lunch to school You pass a factory that is emitting an awful smell Your classmate gets a flu shot You are stung by a neighbor's honey-producing bee O Your neighbor's dog barks all night

Q: The following are some products that generate negative externalities. What are the negative…

A: An externality is one of the causes of market failure because it explains the effects of one’s…

Q: Can an activity generate both positive and negative externalities at the same time? Explain your…

A: Please find the answer below.

Q: Which activity generates a positive externality? You buy a new jet-ski and find $5,000 under the…

A: In economics, positive externality refers to the situation when one's action will provide benefit to…

Q: An externality is the impact of: a. None of the answers is correct. b. one person’s…

A: An externality is a market distortion that creates inefficiencies in the market outcome. It is the…

Q: Give solutions to the externality problem.

A: The situation that depicts either a benefit or a cost being caused by a producer not received or…

Q: externality arises when a. not all costs and benefits are included in the price of a good b. a…

A: The market failure occurs when the market demand and supply do not deliver the efficient result.

Q: Providing a subsidy is one way a society can correct for a positive externality. True False

A: Externality refers to spill-over effect of a good on third party which is not involved in either…

Q: Compared to a good with no externalities, a good with a negative externality will appear to have…

A: When the consequence of producing or consuming goods and services has the effect of imposing costs…

Q: A law that prevents smoking on airplanes addresses a negative externality. True False

A: Externality refers to the advantages and disadvantages of being received by the third party.

Q: Clams&Co is a young mussel-farming company in Jamaica Bay, not too far off from Far Rockaway Beach.…

A: Externality refers to positive or a negative spillover effects on the society due to consumption or…

Q: a) it is better than efficient b) the price of the product is too low c) the price of the product is…

A: The positive externalities are positive side effects of consumption or production that are not…

Q: A theme park owner agrees to let a company called Flying Aces fly a drone directly over their…

A: Private Bargaining includes moral codes, contracts, settlements among the two parties to solve the…

Q: Explain why a firm is not able to deal with an externality

A: When a third party receives benefits or costs while consuming or producing a good or service it is…

Q: Which of the following would result in a positive externality? Group of answer choices A)A power…

A: In economics, positive externality exists when benefits are gained by a third party who is not…

Q: Based on the graph, which statement about flu vaccines is true? People who get vaccinated primarily…

A: The acts that governments knock off the economic field square measure cited as policy. It…

Q: Which of the following is a positive externality?

A: Positive externality is the externality which impacts the society positively.  It occurs when the…

Q: An externality can create a difference between costs/benefits and costs/benefits.

A: Externalities are the harmful or beneficial side effects arise out of production or consumption of…

Q: The following are examples of externalities except A Air pollution from the factory B Noise…

A: An externality is a cost or benefit associated with an activity enjoyed by the third person who is…

Q: Thich of the following is an example of a negative externality? the benefit you receive when your…

A: Externality refers to cost or benefit that tends to affect people who is not the part of production…

Q: What does it mean to "internalize" a negative externality? Please give an example.

A: Externality: - It is a cost/benefit, generated by the production/consumption by someone, which is…

Q: Explain with words and a graph.

A: Vaccinations prevent spread of diseases. In economics, vaccination is a positive example of positive…

Q: Consider a good with positive externalities. Relative to the outcome of an unregulated market, a…

A: Positive externalities occurs when prices are lower and quantities are higher.

Q: Public Goods are used by all members of society, but sometimes they are overused and lead to things…

A: Non-excludable: - it is a condition where a person cannot stop another person from using a good or…

Q: Explain the difference between positive and negative externalities along with an example.

A: Answer: An externality exists when some economic agent’s welfare (utility or profit) is directly…

Q: Distinguish carefully between a positive externality and a negative externality.  Explain your…

A: Externality is a cost occurred or benefit received by any third person who is not involved in the…

Q: a.) Taxes used to correct for a negative externality b.) Subsidies used to correct for a positive…

A: a. To use taxes to correct for negative externality, the Government needs to estimate value of…

Q: If the mining of gold yields a negative externality, then the social cost curve lies the supply…

A: Externality is the cost or benefit that the market transaction brings to the third party. It can be…

Q: 1. (Externalities) Complete each of the following sentences: a. Resources for which periodic use can…

A: whatever productive factors or economic factors or both factors are needed for the fulfilment of the…

Q: In the presence of a “negative externality," the free market would: O None of the above answers are…

A: Externality refers to the spill-over effect of a good on third party which is not involved in either…

Q: The government can encourage the production of goods that create positive externalities by creating…

A: Posstive externality: when production of a goods enhanced the welfare of the parties that are not…

Q: The coase theorem is an effective way of solving both positive and negative externality problems.…

A: An externality is an expense or profit sustained or earned by a producer that is not paid for by…

Q: type of externality

A: Curve X is the private demand curve. Curve Y is the marginal social benefit (MSB) or public demand…

Q: Which of the following is a good example of a negative externality? A) Tom drives home drunk instead…

A: A negative externality is an expense that is endured by a third party due to financial…

Q: Which one does not belong to the externalities contributed by oil? a. Emissions that pollute the…

A: Externality is referred to as a cost or benefit imposed on the third party which is not involved in…

Q: A glue factory and steel mill emit smoke and containing a chemical that is harmful if inhaled in…

A: The first choice will be to close all polluting factories permanently. This will totally remove the…

Q: Which of the following is an example of an activity generating a positive externality?

A: Positive externality means the production or consumption of goods or services create a positive…

Q: A neighborhood homeowners' association charges a fee when residents make loud noise from 9 p.m.…

A: Externalities are the harmful or beneficial side effects arise out of production or consumption of…

Q: market with positive externalities will tend to _____ compared to a market producing the socially…

A: An externality is a cost incurred or benefit received by a party that is not involved in the…

Q: Give four (4) economic activities that generate both positive and negative externalities

A: An externality is a positive or negative side effect of production or consumption in economics. It…

Q: Which of the following is an example of a negative externality (additional social cost)? Multiple…

A: When the creation or consumption of a product results in a cost to a third party, this is known as a…

Q: Match the following with: overproduced, efficiency, underproduced, deadweight lost. 1) A negative…

A: In an economy, market efficiency refers to the ability of the firms to provide optimal amount of…

Q: If a good imported from abroad creates significant pollution (a negative externality), then the…

A: Externalities are the harmful or beneficial side effects arise out of production or consumption of…