Provide examples of externalities. Littering while hiking is an example of a externality. A firm doing research and development which can be used by other firms is an example of a A. negative consumption; positive production B. positive consumption; negative production OC. positive production; negative consumption D. negative production; positive consumption externality.

Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section11.1: The Drtferentkinds Of Goods
Problem 1QQ
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Provide examples of externalities.
Question 2 of 27
Littering while hiking is an example of a
externality.
A firm doing research and development which can be used by other firms is an example of a
OA. negative consumption; positive production
B. positive consumption; negative production
C. positive production; negative consumption
D. negative production; positive consumption
externality.
Transcribed Image Text:Provide examples of externalities. Question 2 of 27 Littering while hiking is an example of a externality. A firm doing research and development which can be used by other firms is an example of a OA. negative consumption; positive production B. positive consumption; negative production C. positive production; negative consumption D. negative production; positive consumption externality.
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