Question

which of the following is a negative externality that could arise from a persons right to use his or her property? (1 point)
renting space on ones property to make money
increased neighborhood traffic from running a business out of ones home
losing the certificate of title
not acquiring building permits before adding an in - law apartment to ones house

Explanation:

A negative externality is a cost imposed on a third - party due to an economic activity. Renting space to make money is a private gain without negative impact on others. Losing the certificate of title is a personal issue. Not getting building permits is a legal non - compliance issue. However, increased neighborhood traffic from running a business at home affects neighbors negatively, which is a negative externality.

Answer:

increased neighborhood traffic from running a business out of one's home