What is a positive externality?(1 point)

Question

Responses

Positive externalities occur whenever there is a private benefit to a good or service.
Positive externalities occur whenever there is a private benefit to a good or service.

Positive externalities occur when there is both a social benefit and private benefit from a good or service.
Positive externalities occur when there is both a social benefit and private benefit from a good or service.

Positive externalities occur when a service is available without cost.
Positive externalities occur when a service is available without cost.

Positive externalities occur whenever there is a social benefit to a good or service.

Answer 1

Positive externalities occur when there is both a social benefit and private benefit from a good or service.