Honey Producers Provide a Positive Externality to Orchards Because

question 249

Multiple Choice

Honey producers provide a positive externality to orchards because

• A)the honey producers get more honey.
• B)the orchard owner frequently gets stung by the honey producer's bees.
• C)the orchard owner does not have to purchase bees to pollinate his flowers.
• D)the honey producers have to rent access to the orchard grounds.

---

Definitions:

Building Infrastructure

The process of constructing physical and organizational structures and facilities needed for the operation of a society or enterprise.

Physical Capital

Assets used in the production process that are tangible, such as buildings, machinery, and equipment.

Social Overhead Capital

Publicly funded infrastructure that supports economic activity, such as highways, schools, and hospitals.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.