Which of the following statements about a well-maintained yard best conveys the general nature of the externality? A. A well-maintained yard conveys a positive externality because it increases the value of adjacent properties in the neighborhood. B. A well-maintained yard cannot provide any type of externality. C. A well-maintained yard conveys a positive externality because it increases the home's market value. D. A well-maintained yard conveys a negative externality because it increases the property tax liability of the owner.

Question

Social Studies

Justice Maddox

5 August, 07:16

Which of the following statements about a well-maintained yard best conveys the general nature of the externality? A. A well-maintained yard conveys a positive externality because it increases the value of adjacent properties in the neighborhood. B. A well-maintained yard cannot provide any type of externality. C. A well-maintained yard conveys a positive externality because it increases the home's market value. D. A well-maintained yard conveys a negative externality because it increases the property tax liability of the owner.

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Answers (1)

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Mathew Fleming · Answer 1

Answer: Option C

Explanation:

One of the main reason why we do maintenance or why we maintain the status of something is because of its values, we want to appreciate the value that is why we maintain properties and things pertaining to us.

To the question, relaying a well maintained yard will convey a general nature of externality of it for its value, a well maintained yard will beautify the surrounding buildings, of course we cant have a yard without a building, it beautifies a building, it showcases it real market value. In conclusion, a well maintained yard will increase a home market value to be appreciated.