Which of the following creates a positive externality in consumption?
A)Polluting a river
B)Playing loud music
C)Vaccinations
D)Reducing the cost of producing of another good
E)Strip mining

Question

Quizplus · Accepted Answer

Vaccinations create a positive externality in consumption because when an individual is vaccinated they not only protect themselves but also reduce the likelihood of spreading the disease to others. This benefits society as a whole.

Which of the Following Creates a Positive Externality in Consumption