Ask Question
BusinessBusiness
27 July, 02:17

You are a birder (birdwatcher) and your neighbor has put up several birdhouses in her yard and also planted trees and flowers that attract birds. Is this an example of a negative or a positive externality? Select the correct answer below: positive externality negative externality both a positive and negative externality neither a positive nor a negative externality

+5
Answers (1)
  1. 27 July, 03:00
    0
    Positive externality

    Explanation:

    In economics, there are generally two different types of externality named as a positive and negative externality.

    Positive externality: In economics, the term "positive externality" is described as a phenomenon that occurs when the production or consumption of a specific good leads to create a benefit to any third party.

    Example: A particular beekeeper who tends to keep the bees as they produce honey.

    In the question above, the given statement represents positive externality.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You are a birder (birdwatcher) and your neighbor has put up several birdhouses in her yard and also planted trees and flowers that attract ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Explain how changes in consumer tastes and consumer incomes affect demand
Answers (1)
Chapter 13 bankruptcy involves ... Question 5 options: A) eliminating the lowest interest debt that someone owes B) lumping debt together and making monthly payments over 5 years C) providing bailouts for people who cannot make payments on their
Answers (1)
As a real estate speculator, you are planning and able to buy a house that costs $200,000, borrowing the full amount with no money down with the goal of selling this same property in exactly one year.
Answers (1)
An accountant has debited an asset account for $1,200 and credited a liability account for $500. What can be done to complete the recording of the transaction?
Answers (1)
On June 1, Skysong, Inc. issues 2,700 shares of no-par common stock at a cash price of $6 per share. Journalize the issuance of the shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually.
Answers (1)
New Questions in Business
You have two investments. The value of Investment A at the end of April was $500, at the end of May was $600, and at the end of June was $400.
Answers (1)
2017 Sold $1,351,700 of merchandise (that had cost $981,800) on credit, terms n/30. Wrote off $21,500 of uncollectible accounts receivable. Received $670,400 cash in payment of accounts receivable.
Answers (1)
Which of the following types of value chain processes directly creates and delivers goods and services to customers? General management processes Postproduction processes Support processes Core processes
Answers (1)
Comanic Corp. has common stock of $5,400,000, retained earnings of $2,000,000, unrealized gains on trading securities of $100,000 and unrealized losses on available-for-sale securities of $200,000.
Answers (1)
Pirate Corporation acquired 85 percent of Ship Company's voting shares of stock in 20X7. During 20X8, Pirate purchased 50,000 circuit boards for $15 each and sold 28,000 of them to Ship for $20 each.
Answers (1)
Home » Business » You are a birder (birdwatcher) and your neighbor has put up several birdhouses in her yard and also planted trees and flowers that attract birds.
Sign Up Forgot Password?