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question 171

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Use the following to answer questions :
Figure: City with Two Polluters Use the following to answer questions : Figure: City with Two Polluters   -Which example is a good or market activity that is associated with a positive externality? A)  smoking cigarettes B)  listening to a new CD with earbuds C)  innovation in the semiconductor industry D)  an indoor classical music concert with tickets that each cost $50
-Which example is a good or market activity that is associated with a positive externality?


Definitions:

Goodwill

An intangible asset that represents the value of a company's brand name, customer relationships, and other non-physical assets that contribute to earnings.

Patent

A legal right granted to an inventor or assignee to exclude others from making, using, or selling an invention for a certain number of years.

Copyright

A legal right granted to an author, composer, playwright, publisher, or distributor to exclusive publication, production, sale, or distribution of their original work.

Trademark

A recognizable symbol, design, or expression that uniquely identifies and legally protects the brand or product of a particular source from being used by others.

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