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Which of the Following Is an Example of a Positive

question 357

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Which of the following is an example of a positive externality?


Definitions:

Trade-In Allowance

The amount a seller offers to reduce the cost of a new item when a customer gives back an old item as part of the transaction.

List Price

The advertised price of a product or service before any discounts or promotions are applied.

New Car Dealer

A business that specializes in selling new automobiles, often featuring a specific brand or range of vehicle models.

Allowances

Funds or discounts given for a particular purpose, such as a price reduction to a retailer from a manufacturer, or money given to children by their parents.

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