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name the type of externality described (positive consumption, negative productio

ID: 1245604 • Letter: N

Question

name the type of externality described (positive consumption, negative production, etc.) and explain your answer or explain why there is no externality. a) A beekeeper lives next to the owner of an apple orchard. When the bees need food to make honey, they fly next door to the apple blossoms. As the bees fly from flower to flower, they also pollinate the trees, allowing the apples to grow in the fall. b) Jim puts on headphones before playing his music when his roommate is around. c) Though Rachel hates bagpipe music, her little sister practices playing bagpipes every day in a nearby room.

Explanation / Answer

b) Jim puts on headphones before playing his music when his roommate is around.