Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Vaccination programs that increase herd immunity
B
A factory polluting a river
C
A monopoly setting high prices
D
A business firing employees
Understanding the Answer
Let's break down why this is correct
Answer
A positive externality in consumption happens when someone benefits from a good or service that they did not directly pay for. For example, think about a person who decides to plant a beautiful garden in their front yard. While they enjoy the beauty and the fresh air, their neighbors also benefit because they get to enjoy the view and the increased value of their properties. This shows how one person's choice to create a lovely space can have positive effects on others around them. In this way, the garden serves as a clear example of a positive externality in consumption.
Detailed Explanation
When many people get vaccinated, it helps protect everyone, even those who aren't vaccinated. Other options are incorrect because This option shows a negative effect; A monopoly can hurt consumers by charging too much.
Key Concepts
consumption
Topic
Positive Externalities in Consumption
Difficulty
easy level question
Cognitive Level
understand
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