The Air Cell Develops

question 2

Multiple Choice

The air cell develops

• A) before the egg is ready to be laid, when the contents begin to contract.
• B) between the two shell membranes after the egg is laid and the contents contract with cooling.
• C) under the shell at the small end when air is trapped inside and pushes against the contents.
• D) within the outer ring of albumen from air trapped in the yolk.

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Definitions:

Economically Efficient

A state where resources are allocated in a way that maximizes the production of goods and services, with no way to improve someone's condition without worsening another's.

Coase Theorem

A principle stating that if property rights are well-defined and transaction costs are low, parties will negotiate to correct externalities without government intervention.

Transaction Costs

Expenses incurred during the process of buying or selling goods and services that are not directly related to their price.

Negative Externality

A cost that is suffered by a third party as a result of an economic transaction.