A Positive Externality

question 235

Multiple Choice

A positive externality

• A)is a benefit to the producer of the good.
• B)is a benefit to the consumer of the good.
• C)is a benefit to someone other than the producer and consumer of the good.
• D)results in an optimal level of output.

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Definitions:

Political System

The set of formal legal institutions that constitute a government or a state. This includes laws, policies, and procedures that define the way a state is governed.

Hispanics

People from, or descendants of people from, Spanish-speaking countries, especially those living in the United States.

Latinos

A term used to describe people of Latin American origin or descent, often living in the United States.

Title IX

A federal civil rights law in the United States, passed as part of the Education Amendments of 1972, prohibiting discrimination on the basis of sex in any education program or activity receiving federal financial aid.