What's another term for positive externality? A) Negative ...

[2125004343]

What's another term for positive externality?
 
  A) Negative externality
  B) Spillover cost
  C) Spillover benefit
  D) The pay-as-you-go principle

Question 2

A die is rolled and if the outcome is an even number, a gambler receives 10. If the outcome is an odd number, the gambler loses 10. What is the expected value of this game?
 
  What will be an ideal response?

[irishcancer18]

Answer to Question 1

C

Answer to Question 2

Probability of getting an even number = 3/6 = 1/2.
Expected value of getting an even number = 1/2  (10 ) = 5.
Probability of getting an odd number = 1/2.
Expected value of getting an odd number = 1/2  (-10 ) = -5.
Expected value of the game = 5 - 5 = 0.

[2125004343]

Thanks for the timely response, appreciate it

[zacnyjessica]

YES! Correct, THANKS for helping me on my review