When a Beekeeper Places His Hives of Bees in an Orchard

question 170

Multiple Choice

When a beekeeper places his hives of bees in an orchard so that the bees can gather nectar to produce honey,the bees pollinate the orchard,which increases the yield of fruit.What is the economic explanation of this activity

• A)It creates a positive externality because orchard owners can charge the beekeeper a fee for the use of his orchard.
• B)It creates a negative externality because the bees are a hazard to the orchard owner.
• C)It creates a positive externality because both parties can benefit from this activity.
• D)It creates a negative externality because one party may benefit from it but the other party may suffer a loss.

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Definitions:

Loyalty

A strong feeling of support or allegiance towards someone or something, often based on shared values or experiences.

Categories

Classifications or groups based on shared characteristics or qualities, used to organize complex information or objects.

Emotions

Complex psychological states that involve an experiential, physiological, and behavioral response to a stimulus.

Job Sharing

An employment arrangement where two or more individuals share the responsibilities, hours, and benefits of a single full-time job.