Who Are the Only Ones Not Affected When a Positive

question 138

Multiple Choice

Who are the only ones not affected when a positive externality becomes internalized in a market?

• A)Producers
• B)Consumers
• C)Those affected by the externality
• D)All of these groups are affected when it becomes internalized.

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Definitions:

Grantor

The person or entity who transfers property rights to another, often used in the context of trusts and real estate.

Burns Down

Refers to the act of a structure being destroyed or damaged by fire.

Rent Payment

Rent payment refers to the periodic monetary compensation that a tenant agrees to pay to a landlord in return for the use of rental property.

Joint Tenants

A form of ownership where two or more parties hold property together, with equal rights and obligations, and where upon the death of one, the surviving tenant(s) automatically inherits the deceased's share.