ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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What type of activity creates an externality? Is an externality positive or negative?
An externality can be created by
O A. a production activity or a consumption activity
OB. a production activity but not a consumption activity
OC. people working at a production job and enjoying their work
D. a consumption activity but not a production activity
Externalities
O A. can be negative or positive. Logging has a negative externality, and education has a positive externality
O B. are always negative, and an example is the pollution created by trucks
O C. can be negative or positive. A negative externality is having to go to school when you would rather go to the beach, and a positive externality is spending time with your friend=
O D. are always positive, and an example is flu vaccinations
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Transcribed Image Text:This quest What type of activity creates an externality? Is an externality positive or negative? An externality can be created by O A. a production activity or a consumption activity OB. a production activity but not a consumption activity OC. people working at a production job and enjoying their work D. a consumption activity but not a production activity Externalities O A. can be negative or positive. Logging has a negative externality, and education has a positive externality O B. are always negative, and an example is the pollution created by trucks O C. can be negative or positive. A negative externality is having to go to school when you would rather go to the beach, and a positive externality is spending time with your friend= O D. are always positive, and an example is flu vaccinations MacBook Pro
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