The Inventor of Record for the Telephone in 1876 Is

question 8

Multiple Choice

The inventor of record for the telephone in 1876 is __________.

• A) Benjamin Franklin
• B) Thomas Edison
• C) Alexander Graham Bell
• D) Johannes Gutenberg

Recognize the role of brain structures in regulating eating behavior.

Understand the concept of classical conditioning in the context of hunger and eating behavior.

Understand the concept of float in financial management and its components (collection, disbursement, and net floats).

Calculate the present value of float using given check amounts, clearance times, and interest rates.

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Definitions:

Externalities

Effects of a production or consumption activity on other parties not directly involved in the transaction, which may be either positive or negative.

Neutral Taxes

Taxes that do not affect the allocation of resources between different goods or activities in the economy.

Excess Burdens

The economic inefficiencies or losses that result from imposing taxes or government policies.

Principle of Second Best

An economic theory that suggests when a condition for a perfect market cannot be met, the next-best solution may involve violating another condition to improve efficiency.