Please read carefully that is all information for this question, Thank You!

You are considering whether to enter a holiday lights display contest that pays $1,000 to the winner. State whether each of the following constitutes private costs, private benefits, external costs, or external benefits. Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. Private costs Private benefits Increased traffic congestion Increased traffic congestion and difficulty parking on your and difficulty parking on your street. street. 7 Increased electric bill from the Increased electric bill from holiday lights. the holiday lights. 7 Winning the holiday lights 7 Winning the holiday lights display contest. display contest. External costs External benefits Increased traffic congestion Increased traffic congestion and difficulty parking on your and difficulty parking on your street. street. Increased electric bill from the Increased electric bill from the holiday lights. holiday lights. 7 Winning the holiday lights 7 Winning the holiday lights display contest. display contest