Firms with Many Customers That Find It Easier to Attract

question 26

Multiple Choice

Firms with many customers that find it easier to attract new customers are most likely selling a good that has a ________ externality.

• A) consumption
• B) negative
• C) positive
• D) production
• E) network

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Definitions:

Chemiosmosis

The movement of ions across a semipermeable membrane, down their electrochemical gradient, which is used by cells to generate ATP during processes like photosynthesis and cellular respiration.

Glycolysis

The metabolic pathway that breaks down glucose into pyruvate, releasing energy and pyruvic acid, the first step in cellular respiration.

Citric Acid Cycle

A set of chemical transformations that enable aerobic entities to produce energy, through the oxidation of acetate from carbohydrates, fats, and proteins into carbon dioxide.

Acetyl CoA

A molecule that plays a vital role in metabolism, particularly in the synthesis and oxidation of fatty acids, and the Krebs cycle for energy production.