A cost or benefit of the production process that is not fully included in the price of the final market transaction when the product is sold is known as
a. a public good
b. an externality
c. a monopoly
d. none of the above
b. an externality
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The following statements are all true of social race except
a. it means the same as biological race. b. past examples include the "Irish race." c. countries classify races differently. d. that it is used to justify discrimination. e. the categories change over time.
Under formal theories of organization, the needs of the organization as a whole are virtually synonymous with management’s needs
Indicate whether the statement is true or false.
In the 1970s, the CIA worked covertly to overthrow the government of Salvador Allende, president of ________.
a. Brazil b. Spain c. Argentina d. Chile
Why would one want to use a trimmed mean instead of a mean? In your answer please provide a numerical example that demonstrates the advantage.
What will be an ideal response?