__
15. an extemality is
a. an economic side effect of a good or service that generates benefits or costs to someone
other than the person deciding how much to produce or consume.
the total cost to society of producing an additional unit of a good or service.
c. the amount a consumer pays to consume an additional amount of any particular good.
d. a situation in which the market, on its own, does not distribute resources efficiently.

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.

Which of the following would classify as a general education requirement

Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting