An automobile company is building a new factory in your town. What may be a positive externality of this event?
A. Noise produced by the workers and factory machines.
B. Better schools from increase in property tax revenue
C. Reduction of contaminants in the local water supply
D. Improvement in the level of pollutants in the air
Surely you know the answer to this question! I'll be glad to check your answer.
Is it B Ms.Sue?
Yes. :-)
To determine the positive externality of the automobile company building a new factory in your town, let's analyze each option:
A. Noise produced by the workers and factory machines: This is unlikely to be a positive externality because noise pollution generally has negative effects on the well-being of individuals and the environment.
B. Better schools from increase in property tax revenue: This is a potential positive externality. If the property tax revenue generated from the new factory is invested in improving local schools, it could lead to better educational resources and opportunities for the community.
C. Reduction of contaminants in the local water supply: This is also a potential positive externality. If the automobile company implements effective measures to prevent contaminants from entering the local water supply, it can lead to cleaner water and improved public health for the community.
D. Improvement in the level of pollutants in the air: This is another potential positive externality. If the new factory adopts advanced technologies and practices that reduce air pollutants, it can result in cleaner air quality and improved respiratory health for the community.
Based on these considerations, options B, C, and D could all potentially represent positive externalities. However, without further information, it is difficult to determine which of these options is the most likely positive externality resulting from the new automobile factory.