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If a teacher decides to have her students volunteer at a community nursing home after school which of the following would be a negative externality?
An externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit. Some negative externalities in this case could be:
- Students who work after school and would either have to request time off from work or miss the activity.
- Students who have extracurricular activities after school would have to choose between the two activities.
- Parents would have to arrange to pick their children up from the activity rather than the student riding the bus home if they live in the country.
- A student would be unable to work at a part time job on that afternoon.
What else can I help you with?
Which one of the following words has a negative connotation a. inoculate b. taxidermy c. Ophthalmological d. pedagogue?
stench - The Correct answer is, Pedagogue
The difference between positive punishment and negative punishment?
Positive punishment involves doing something that the person being punished will not like (for example: spanking, verbal rebuke, embarrassing the person in some way, etc). Negative punishment involves removing something that the person being punished does like (for example: taking away phone or TV, etc.).
What is an example of a negative irrational number?
An example of a negative irrational number is -√2 (negative square root of 2). This number cannot be expressed as a simple fraction and has a non-repeating, non-terminating decimal expansion.
Do people usually look forward to receiving negative reinforcement?
People very often confuse negative reinforcement with punishment
What are the advantages and disadvantages of police work?
Advantages: Opportunity to serve and protect the community, varied and challenging work, potential for career advancement. Disadvantages: High level of stress and danger, long and irregular work hours, potential for negative public perception and criticism.
State three possible causes of market failure?
Externality - Negative Externality And Positive Externality the positive externality is a cause of a market failure because producers do not take the benefits of externality into account to society, therefore they under-produce the good that generates it , a negative externality happens where MSC > MSB. Factor Immobility And Market Power .
Would you classify pollution as a positive or a negative externality?
Negative.
What is true about an externality?
It can be either positive or negative.
What is a Pigovian tax?
Pigovian taxes are aimed at correcting the effects of a negative externality. Such taxes can reduce negative externalities at a lower cost than regulations because the tax places a price on a negative externality.
What is pigovian tax?
Pigovian taxes are aimed at correcting the effects of a negative externality. Such taxes can reduce negative externalities at a lower cost than regulations because the tax places a price on a negative externality.
If city builds a garbage dump next to Simone's house will it be a negative externality?
negative
Is it true or false that noise pollution from a racetrack is an example of a positive externality?
False; noise pollution form a race track is not an example of positive externality. It is more likely an example of negative externality.
What is a negative externality of a cell phone?
a conversation that annoys people nearby.
How does an externality affect the market outcome?
An externality is an effect of a decision on a third party not taken into account by the decision maker. One example that comes to mind is a new business opening in an area. The decision of where to place a new Wal-Mart is an important decision for the company. But in the course of making that decision, they will not consider every alternative. For example, some of the other businesses in the area may experience larger sales because Wal-Mart will bring more people to the area. An externality can be positive or negative. A negative externality is negative when the decision is detrimental to those outside the decision. A positive externality occurs when the effect of a decision is beneficial to others outside the decision.
In the supply and demand model a negative externality results in?
supply curves To the left. !!!!QI had that class
How does an externality relate to socially optimal quantity?
In the presence of an externality (positive or negative), individual economic actors produce a socially inefficient amount of a good (since they do not include social gains or costs in their calculations). Thus, in general, when there is a Negative externality, firms are overproducing a good with a social cost and thus the optimal equilibrium occurs at decreased production. Positive externality, firms are underproducing a good with a social benefit and thus the optimal equilibrium occurs at increased production.
What is spillover cost?
Spillover costs (Negative externality):nproduction or consumption costs inflicted on a third party without compensation nExample: environmental pollution Spillover benefits (Positive externality):nproduction or consumption of certain goods and services may confer external benefits on third party or the community at large without compensating payment nExample: education
