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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 Dā€‹

2 Answers

3 votes

Answer:

B. Positive externality

Step-by-step explanation:

EDGE 2021

User Pveentjer
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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
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