Which of the following is false?
A)Carbon emissions caused by automobiles are a negative externality.
B)Public goods are negative externalities.
C)National Public Radio is an example of a public good.
D)Externalities can be both positive (good)and negative (bad).

Question

Quizplus · Accepted Answer

Public goods are not negative externalities. Public goods are goods or services that are non-excludable and non-rivalrous, meaning that once they are provided, everyone can use them without diminishing their availability to others. Negative externalities are costs imposed on third parties who are not involved in a transaction or activity, such as pollution from a factory that affects the health of nearby residents.

Which of the Following Is False