Identify whether the activities are associated with positive externalities (exte

Question

Identify whether the activities are associated with positive externalities (external benefits), negative externalities (external costs), or no externalities. Positive externalities No externalities Negative externalities Answer Bank playing an addictive single-player cell phone game such as Happy Fish reducing pollution enhancing the aesthetic appeal of a pioperty in a residential neighborhood overfishing obtaining an education developing a productivity-enhancing technology eating a delicious cookie cigarette smoking in a non-smoking section receiving a flu vaccine

Explanation / Answer

Positive externalities - reducing pollution, enhancing the aesthetic appeal of a property in a residential neighborhood, obtaining an education, developing a productivity enhancing technology, receiving a flu vaccine.

No externalities - playing an addictive single player cell phone game such as happy fish, eating a delicious cookie

Negative externalities - overfishing, cigarette smoking in a non smoking section.

Positive externalities is an external benefit for third parties. Negative Externalities causes harmful effects of an activity on a third party.

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