New Developments in Computer Monitors Have Made Flat Panel LCDs

question 22

Multiple Choice

New developments in computer monitors have made flat panel LCDs cheaper and better than the older CRT models. Given that monitors can contain as much as 8 pounds of lead, disposing of the old monitors creates a:

• A) negative externality.
• B) positive externality.
• C) neutral externality.
• D) limited liability.

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Definitions:

Erroneous Arrangement

A situation or setup that contains mistakes or is improperly organized, potentially leading to inaccurate results or conclusions.

Slide

An error in which the entire number is moved one or more spaces to the right or the left, such as writing $542.00 as $54.20 or $5,420.00.

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or a standard.

Posting

The act of recording financial transactions in the ledger of an accounting system.