Which of the Following Provides an Example of an Externality

question 127

Multiple Choice

Which of the following provides an example of an externality?

• A)​The air pollution generated when you drive your car.
• B)​The view that passersby and neighbors enjoy when observing your rose garden.
• C)​The free concerts neighbors hear when an accomplished musician practices at home.
• D)​All of the above.

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Definitions:

Safety Needs

According to Maslow's hierarchy of needs, these are basic requirements for security and protection, following physiological needs in priority.

Neurotic Adults

Individuals exhibiting chronic patterns of self-doubt, anxiety, and unrealistic expectations of perfection.

Case Study

An in-depth analysis of a particular individual, group, event, or situation over a period of time.

Experimental Method

A research method involving the manipulation of variables to establish cause-and-effect relationships, typically within a controlled environment.