Externalities Are Defined as

question 82

Multiple Choice

Externalities are defined as

• A)any transaction external to the firm
• B)costs or benefits that fall on third parties
• C)policies that firms undertake to sell products outside the country
• D)managers' dealings with stockholders outside the firm
• E)costs of maintaining plant and equipment to avoid the scrutiny of external auditors

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Definitions:

Bacterial Plasmid

Small, circular, double-stranded DNA molecules found in bacteria that can replicate independently of the chromosomal DNA, often carrying genes beneficial to survival, such as antibiotic resistance genes.

Restriction Enzymes

Enzymes used in molecular biology to cut DNA at specific sequences, allowing for DNA manipulation in genetic engineering and research.

PCR Cycle

A series of temperature-controlled steps in Polymerase Chain Reaction that allows for the replication and amplification of a specific DNA segment.

Inactivate

To make something inactive or ineffective, often used in the context of deactivating enzymes, viruses, or genes.