An Example of a Positive Externality Is

question 35

Multiple Choice

An example of a positive externality is:

• A)a rear-end spoiler feature on the back of sports cars that helps to stabilize and improve handling for the vehicle.
• B)legislation reducing air pollution.
• C)a chemical plant that emits thermal pollution.
• D)a chocolate factory whose aroma draws people to an area of the city that has a large quantity of tourist activities and shopping.

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Definitions:

Last Month

A reference to the calendar month immediately preceding the current one.

Times A Day

A frequency measure indicating the number of times an event occurs within a single day.

Inferential Statistics

A branch of statistics that uses a random sample of data taken from a population to describe and make inferences about that population.

Descriptive Statistics

Statistical methods that summarize and describe the features of a data set, including measures of central tendency and variability.