Multiple Choice
Which of the following illustrates the concept of external benefit?
A) A gardener enjoys his flowers.
B) Neighbours enjoy a gardener's flowers.
C) Good weather increases the size of the wheat crop.
D) A new pesticide increases the size of the wheat crop.
Correct Answer:

Verified
Correct Answer:
Verified
Q126: The principle of minimum differentiation reflects the<br>A)
Q127: An externality occurs when<br>A) some of the
Q128: A free- rider problem is created by<br>A)
Q129: A good or service or a resource
Q130: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above
Q132: A good or service or a resource
Q133: An example of an activity that generates
Q134: Rational ignorance says that voters will<br>A) not
Q135: Suppose that recycling rubber for sneakers creates
Q136: Why will a private market be unable