The Text Discusses Private Solutions for Resolving Externalities Using the Honey

question 74

Multiple Choice

The text discusses private solutions for resolving externalities using the honey market. Among the reasons why the market solution works well in the honey market is the fact that:

• A) bees don't fly far, and thus it is easy to identify which farmers are getting the benefits of their pollination activities.
• B) the owners of the beehives can clearly be identified.
• C) the market limits the beneficial activities of the bees to those farmers who have very small farms.
• D) All of the answers are correct.

---

Definitions:

XML

Extensible Markup Language, a flexible text format used for structured document exchange over the internet.

Web Server

A computer system that hosts websites and delivers web pages to users' browsers upon request.

Static Website

A website comprised of fixed content, each webpage coded in HTML, and displayed to the user exactly as stored.

E-commerce Website

An online platform that enables the buying and selling of goods and services over the internet.