Students Who Talk Loudly with Each Other in Class

question 81

Multiple Choice

Students who talk loudly with each other in class

• A) create an externality because other students cannot follow the lecture as well.
• B) disturb nobody.
• C) benefit the other students in class because they engage in conversation.
• D) only create an externality if they talk about something unrelated to class.

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Definitions:

Accrued Interest

Interest that has been incurred but not yet paid.

Year-End

The end of a fiscal year or calendar year, a significant reporting and assessment time for businesses and individuals for accounting and tax purposes.

Dishonored Note

A promissory note that has not been paid by the maker at maturity, resulting in a default.

Collection Efforts

Activities undertaken by a business or organization to pursue and receive payments owed by customers or clients.