What is an externality? someone who wouldn't choose to pay for a certain good or service but who'd get the benefits of it anyway if provided as a public good someone who would choose to pay for a certain good or service but does not get the benefits of it if provided as a public good a shared good or service for which it would be impractical to make consumers pay individually and to exclude nonpayers a side effect of a good or service generating benefits or costs to someone who doesn't decide how much to produce or consume?

An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to: