Which of the following is an example of an externality?
a. Annie purchases a new dress.
b. Antonio's dog barks loudly during the night, waking his neighbors.
c. Harold sells a book to Cathy, who reads the book and then gives it to James as a gift.
d. Gloria watches a scary movie.
b
Economics
You might also like to view...
From 1980-1985, the dollar strengthened in value against other currencies. Who was helped and who was hurt by this strong dollar?
What will be an ideal response?
Economics
Which of the following is not an example of a capital input? a. A person's skills and abilities, which can be employed to produce valuable goods and services. b. Factories and offices where goods and services are produced
c. Tools and equipment. d. Computers used by a company to record inventory, sales, and payroll.
Economics