30.0k views
2 votes
is when third parties reap the benefit of a good or service for which they did not pay. A Government resource B. Positive externality C Consumer reaction D. Negative externality Please select the best answer from the choices provided OA B OC D​

2 Answers

3 votes

Answer:

B. Positive externality

Step-by-step explanation:

EDGE 2021

User Pveentjer
by
7.7k points
3 votes

Answer:

B. Positive externality

Step-by-step explanation:

An externality is a benefit or a detriment to a third party created by the production or consumption of goods or services. A third party is everybody else other than the producer or consumer of a product. An externality is either positive or negative.

A positive externality is when consumption or production creates a benefit to a third party. The third-party does not meet the cost of products but indirectly enjoys its production.

User JackMahoney
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.