An Externality Is

question 26

Multiple Choice

An externality is

• A) the benefit that accrues to the buyer in a market.
• B) the cost that accrues to the seller in a market.
• C) the unanticipated effect on a business of a decision that it makes
• D) the compensation paid to a firm's external consultants.
• E) the uncompensated impact of one person's actions on the well-being of a bystander.

Comprehend the role of the brain's association areas in cognitive development.

Understand Piaget's stages of cognitive development and the processes of assimilation and accommodation.

Recognize the importance of early experiences in cognitive and physical development.

Understand the concepts of cognitive development stages as proposed by Jean Piaget.

---

Definitions:

Assign

To allocate or designate a task, resource, or value to a variable, individual, or entity.

Run

The process of executing or launching a program, script, or command in a computing environment to perform its designated function.

Single Step

A debugging feature in software development that executes code one instruction at a time, allowing for detailed examination of the program's behavior.

Debug

The process of identifying, tracing, and correcting errors or bugs in a computer program or system.