An Example of a Positive Externality Is

question 131

Multiple Choice

An example of a positive externality is

• A)pollution because it affects people not directly involved with producing it
• B)a homeowner's maintenance of a beautiful lawn because this creates a benefit for neighbors
• C)creating a monopoly
• D)driving a car that emits pollution
• E)cigarette smoking because this imposes an indirect cost on people around the smoker

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Definitions:

Warren Bennis' Advice

Guiding principles or recommendations on leadership and management from Warren Bennis, a scholar and author known for his work on leadership.

Treat People Fairly

The principle of dealing with individuals in a just, equitable, and unbiased manner, recognizing their unique circumstances and needs.

Focus on Key Objectives

The prioritization and concentration on achieving the most important goals or outcomes of an endeavor or strategy.

Tolerance of Differences

The willingness to accept and respect the differing beliefs, practices, or characteristics of others.