Computers Use a ________ Language Consisting of 0s and 1s

question 115

Multiple Choice

Computers use a ________ language consisting of 0s and 1s.

• A) symbol
• B) binary
• C) byte
• D) system

Differentiate between negative and positive externalities.

Assess the effects of human activity on the environment.

Understand the role of market economies in regulating pollution levels.

Analyze the cost-benefit aspects of pollution in economic terms.

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Definitions:

Break-Even Quantity

The number of units that must be sold for total revenues to equal total costs, resulting in no profit or loss.

Fixed Costs

Business expenses that remain constant regardless of the level of production or sales activities.

Marginal Cost

The additional cost incurred by producing one more unit of a particular good or service.

Sunk Cost

Expenses that have already been incurred and cannot be recovered, which should not influence future business decisions.