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Author Question: Which of the following is an example of an external benefit? (Read 34 times)

faduma

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on: Apr 19, 2019

Question 1

Your next-door neighbor has a beautiful rose garden, but you are allergic to roses and cannot use your yard because of the rose pollen that drifts into your yard. In this case, the rose garden is an example of a


◦ public good.
◦ good that imposes an external cost.
◦ good that provides an external benefit.
◦ Pareto good.

Question 2

Which of the following is an example of an external benefit?


◦ More people start to ride the bus because they become more public‐spirited and, as a result, air pollution is reduced.
◦ Firms are able to reduce their costs of production by using a more efficient technology.
◦ The federal government spends a million dollars on improving national parks.
◦ A firm has just gotten permission to open a landfill on property that is adjacent to your home.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by faduma on Apr 19, 2019

kingfahad97

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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faduma

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
Wow, this really help

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