An Example of a Positive Externality Is

question 5

Multiple Choice

An example of a positive externality is

• A)Pollution
• B)An apple orchard increasing the number of trees next to a bee farm
• C)The Clean Air Act
• D)Smoking in a crowded place

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Definitions:

Company Objectives

The clearly defined targets or goals that a business aims to achieve over a specific period of time.

Business Plan

A detailed document outlining the strategy, objectives, market analysis, financial forecasts, and operational structures for a new or existing business.

Collateral

Assets that are pledged as security for repayment of a loan, forfeited in case of a default.

Elevator Pitch

A succinct and persuasive sales pitch that is intended to spark interest in a product, service, or project within the time span of an elevator ride.