The Early Atmosphere Contained

question 32

Multiple Choice

The early atmosphere contained

• A) all of the chemical components to produce the building blocks of life.
• B) all of the chemical components to produce the building blocks of life,except for carbon.
• C) only one of the chemical components to produce the building blocks of life,carbon.
• D) none of the chemical components to produce the building blocks of life;they had to come from elsewhere.

---

Definitions:

Externalities

The cost or benefit that affects a party who did not choose to incur that cost or benefit, often not reflected in market prices.

Market Power

The ability of a firm or group of firms to influence the price and production levels of a product or service in the market.

Market Failure

A scenario where the distribution of goods and services by an unregulated market fails to be effective, frequently causing a decrease in overall social welfare.

Communist Countries

Nations where the government controls most forms of economic activity and property is commonly owned.