What Does LCD Refers To

question 59

Multiple Choice

What does LCD refers to?

• A) Lithium Crystal Display
• B) Light Circuit Directed
• C) Lipto-Crystaline Digital
• D) Liquid Crystal Display

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Definitions:

External Benefit

A positive effect experienced by individuals or groups who are not directly involved in an economic transaction or activity.

Market Price

The existing rate at which an item or service may be traded or acquired in a commercial setting.

Market Output

The total amount of goods or services produced and offered for sale by businesses in a particular market.

External Costs

Costs that are not borne by the producer or consumer of a good or service but by society, such as pollution.