Which Activity Is Most Likely to Create a Positive Externality

question 89

Multiple Choice

Which activity is most likely to create a positive externality?

• A) You drive downtown each day.
• B) An oil refinery operates for 16 hours each day.
• C) A new airport is built in a big city.
• D) A person receives a flu shot.
• E) The government offers reduced-cost financing toward the purchase of a new car.

Learn to assess production efficiency and inefficiency using production possibility frontier analysis.

Understand the impact of technological changes and resource availability on economic production.

Comprehend how immigration affects a country's production capabilities.

Analyze how external conditions, such as natural disasters or viruses, impact economic production.

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Definitions:

Excitation

The process of causing a cell or an organism to become activated or more active.

Antagonists

Drugs that impede the activity of a neurotransmitter.

Opponent-Process Theory

A psychological and neurological model that explains how the perception of colors results from opposing neural processes.

Chromatic/Achromatic

Refers to colors with hue (chromatic) and without hue (achromatic), such as black, white, and grays.