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Murrr4er [49]
3 years ago
8

What is externality? A. a side effect of a good service generating benefits or costs to someone who doesn't decide how much to p

roduce or consume B. someone who would choose to pay for a certain good or service but does not get the benefits of it if provided as a public good C. someone who wouldn't choose to pay for a certain good or service but who'd get the benefits of it anyway if provided as a public good D. a shared good or service for which it would be impractical to make consumers pay individually and to exclude nonpayers
History
2 answers:
Levart [38]3 years ago
6 0

A. a side effect of a good/service generating benefits or costs to someone who doesn't decide.

ex. A factory that generates pollution is a negative externality. Maintaining the appearance(value) of your house, is a positive externality for your neighbors.

pav-90 [236]3 years ago
3 0

A  a side effect of a good service generating benefits or costs to someone who doesn't decide how much to produce or consume

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