In Which of the Following Situations Would a Positive Externality

question 75

Multiple Choice

In which of the following situations would a positive externality most likely be involved?

• A)Shawn is sitting at home one day when she gets a telephone call, informing her that she has won $10,000 in a contest she entered three months ago.
• B)There are eight houses in the neighborhood where Rodney lives.Rodney likes nice-looking yards, and last week his neighbors began to beautify their yards.
• C)Willy needs eight hours of sleep each night to feel good.Last night he got eight hours of sleep.
• D)Patrick received an A on a biology exam.He is feeling better about his chances of getting admitted to medical school.

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Definitions:

Discrimination

Actions that deny or grant advantages to members of a particular group.

Market Forces

The economic factors affecting the price, demand, and availability of goods and services in a free market.

Classism

Prejudice or discrimination based on social class, often manifesting in unequal treatment or attitudes towards people from different economic or social backgrounds.

American Dream

The ideal by which equality of opportunity is available to any American, allowing the highest aspirations and goals to be achieved.