Answer:
What do pollution, education, and your neighbor's dog have in common?
No, that's not a trick question. All three are actually examples of economic transactions that include externalities.
When markets are functioning well, all the costs and benefits of a transaction for a good or service are absorbed by the buyer and seller. For example, when you buy a doughnut at the store, it's reasonable to assume all the costs and benefits of the transaction are contained between the seller and you, the buyer. However, sometimes, costs or benefits may spill over to a third party not directly involved in the transaction. These spillover costs and benefits are called externalities. A negative externality occurs when a cost spills over. A positive externality occurs when a benefit spills over. So, externalities occur when some of the costs or benefits of a transaction fall on someone other than the producer or the consumer.
Explanation:
Answer:
B- It eliminated rotten boroughs
Explanation:
Answer: Christianity or Islam
Explanation: most Africans are either Christian or Islam
Benjamin Franklin is one of the founding fathers of America. He was an unofficial representative of America in the parliament until he was framed for the Boston tea party. Afterwards he became one of the most devoted patriots. He owned a newspaper called the Pennsylvania gazette in which he kept the public informed and enthusiastic about freedom. He was also an inventor. His electric rod saved many houses from becoming victims of lightning fires. He is on the 100th dollar bill because he was admired and followed. And why not have a founding father on the 100 dollar bill?
