-Refer to the Diagram Above

question 163

Multiple Choice

-Refer to the diagram above.If a positive externality exists in this market,the marginal social benefit from consuming this good at the competitive equilibrium output level is

• A) greater than P0.
• B) equal to P0.
• C) either greater than or less than P0,depending on the elasticity of supply.
• D) less than P0.
• E) either equal to or less than P0,depending on the elasticity of demand.

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Definitions:

Root Cap

A protective structure located at the tip of a plant root, consisting of parenchyma cells that protect the growing tip in soil.

Phototropic Response

A growth movement by a plant part in response to a light stimulus, typically towards the source of light to maximize photosynthesis.

Phototropic Response

The growth movement or orientation of a plant in response to light direction.

Wavelength

The distance between two consecutive peaks or troughs in a wave, typically used in the context of electromagnetic spectra.