Which of the Following Are Examples of an Externality? Please

question 7

Multiple Choice

Which of the following are examples of an externality? Please select all that apply.

• A) The cost to a cigarette smoker of a packet of cigarettes
• B) Noise levels for households who live near airports
• C) The effect on the value of homes for existing homeowners of an increase in the reputation of schools in the neighbourhood
• D) The cost of petrol to a motorist

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Definitions:

Human Evolution

The lengthy process of change by which people originated from apelike ancestors, characterized by developments such as bipedalism and larger brains.

Store Calories

The process by which the body converts food intake into energy reserves, primarily in the form of fat, for future use.

Food Abundance

The availability of a large quantity of food resources, which can influence population growth and health.

High-Fat Food

Foods that are rich in fats, often contributing to increased calorie intake and potential health issues when consumed in excess.