An Internal Cost Is Best Defined as the Cost of an Activity

question 148

Multiple Choice

An internal cost is best defined as the cost of an activity paid for by

• A) the individual who is engaged in the activity.
• B) the government.
• C) a third party.
• D) a free-rider.
• E) the individual and the third party.

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Definitions:

Xylem

the vascular tissue in plants that conducts water and dissolved nutrients upward from the root and also helps to form the woody element in the stem.

Transpiration

Plant’s loss of water to the atmosphere, mainly through evaporation at leaf stomata.

Petioles

The stalks that join a leaf to the stem of a plant.

Cabbage

A leafy green, red, or white biennial plant grown as an annual vegetable crop for its dense-leaved heads, belonging to the Brassica family.