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Consider a housing development built near an existing airport. After the houses are occupied, homeowners complain that the airport imposes a negative externality on them

Consider a housing development built near an existing airport. After the houses are occupied, homeowners complain that the airport imposes a negative externality on them and it should be moved or otherwise limited. Is the airport a negative externality? Group of answer choices Yes, the airport's noise should be curtailed for the well-being of the homeowners. No, if the original property values reflect the costs imposed by the airport. No, airports are government entities and therefore don't impose costs on individuals. No, the airport was there first

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