Multiple Choice
Which of the following activities, if any, represents an external benefit?
A) The benefit to a consumer from watching a film on DVD.
B) The reduction in air quality resulting from industrial development in an urban area.
C) The increase in the value of property belonging to your neighbors when you hire a landscaper to beautify your front yard.
D) The reduction in property values when a new airport is built in a neighborhood.
Correct Answer:
Verified
Correct Answer:
Verified
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