An External Cost Is Borne by

question 38

Multiple Choice

An external cost is borne by

• A)The producer of the good.
• B)The consumers of the good.
• C)A third party to the market transaction.

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Definitions:

Final Electron Acceptor

A molecule that accepts electrons at the end of an electron transport chain, facilitating the conservation of energy in the form of ATP.

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins.

Oxaloacetate

A four-carbon molecule involved in the Krebs cycle, crucial for energy production and metabolic processes in cells.

Cyclic Metabolic Pathway

A series of metabolic processes occurring in a cycle, whereby the end product of one reaction becomes the starting material for the next.