Identify the following situations as an example of a negative externality or a positive externality: a. You
Question:
Identify the following situations as an example of a negative externality or a positive externality:
a. You received your COVID-19 vaccines as soon as they were available for your age group.
b. A golf course located along the coast line uses strong chemical fertilizer to keep their grass extra green.
c. You are allergic to bee stings and your neighbor starts keeping bees to make her own honey.
d. Every Friday afternoon a group of construction workers gather at the beach. They drink beer and smoke cigarettes, leaving behind metal beer caps and cigarette butts.
e. A new resort installs paved sidewalks in the neighborhood, improves the storm drains at an intersection prone to folding, and creates a public walking path along the shoreline.
Engineering Mechanics Statics & Dynamics
ISBN: 9780134895154
15th Edition
Authors: Russell C. Hibbeler