Which of the following situations is clearly and unambiguously descriptive of a positive externality?
A) Jack feels better after his daily walk.
B) Joriel studies harder than anyone in his class.
C) Professor Gomez gave an unannounced quiz to her history class yesterday.
D) The President of the United States yesterday signed a legislative act that is very popular in the country.
Correct Answer:
Verified
Q118: Exhibit 30-3 Q119: Exhibit 30-3 Q120: Exhibit 30-3 Q121: If there is a negative externality, and Q122: In the case of a negative externality, Q123: The disagreement between A. C. Pigou and Q124: When marginal private benefit is equal to Q124: Suppose the optimal amount of X is Q126: There is no market failure if Q128: Which of the following situations is descriptive Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)the marginal