Which of the following is an example of a positive externality? a Bob mows Hillarys lawn and

Question:

Which of the following is an example of a positive externality?

a Bob mows Hillary’s lawn and is paid $100 for performing the service b while mowing the lawn, Bob’s lawnmower spews out smoke that Hillary’s neighbor Kristen has to breathe c Hillary’s newly cut lawn makes her neighbourhood more attractive d Hillary’s neighbors pay her if she promises to get her lawn cut on a regular basis

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Microeconomics [Australia And New Zealand Edition]

ISBN: 9781337408066

6th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N. Gregory Mankiw

Question Posted: