Which of the following will most likely generate positive externalities?
A)a hot dog vendor
B)public education
C)an automobile
D)a steel mill

Question

Which of the following will most likely generate positive externalities?
A)​a hot dog vendor
B)​public education
C)​an automobile
D)​a steel mill

Quizplus · Accepted Answer

Public education is likely to generate positive externalities, as it can result in a more educated populace that is better-equipped to participate in the economy and make informed decisions. This can have spillover effects on society as a whole, such as improved productivity and lower crime rates.

The other options are less likely to generate positive externalities. A hot dog vendor may provide convenience and satisfy hunger, but it is unlikely to have significant spillover effects on society. An automobile may provide transportation benefits, but it also generates negative externalities such as air pollution and traffic congestion. A steel mill is likely to generate negative externalities such as air and water pollution.

Which of the Following Will Most Likely Generate Positive Externalities