Find the LCM of 8 and 4

question 4

Multiple Choice

Find the LCM of 8 and 4.

• A) 8
• B) 128
• C) 16
• D) 32

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Definitions:

Cost To Suppliers

The total expenses incurred by suppliers in the process of producing and selling goods or services.

Externality

A consequence of an economic activity experienced by unrelated third parties; it can be either positive or negative.

Market Failure

Situations where the allocation of goods and services by a free market is not efficient, often requiring government intervention.

Negative Externality

Occurs when the production or consumption of a good or service imposes costs on third parties who are not involved in the transaction.