Which of the Following Is an Example of an Externality

question 153

Multiple Choice

Which of the following is an example of an externality?

• A) cigarette smoke that permeates an entire restaurant
• B) a flu shot that prevents a student from transmitting the virus
• C) a beautiful flower garden outside the county courthouse
• D) All of the above are correct.

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Definitions:

Apple Card

A credit card created by Apple Inc. designed to be used with Apple Pay, offering cashback rewards and various features integrated with iOS.

Credit Card Use

The application of credit cards as a payment method where the cardholder borrows funds to pay for goods and services with the promise to repay the borrowed amount along with any agreed-upon fees or interest.

Market Development

A growth strategy where a company seeks to increase sales by promoting its existing products in new markets or to new segments.

Marketing Strategy

A marketing strategy is a business's overall game plan for reaching prospective consumers and turning them into customers of their products or services.