Use the Table Below to Answer the Following Questions

question 23

Multiple Choice

Use the table below to answer the following questions.
Table 16.2.2
Chemical Fertilizer Market

-Refer to Table 16.2.2. Fertilizer has a marginal

• A)external cost of $100 a tonne.
• B)social cost of $100 a tonne.
• C)external cost of $30 a tonne.
• D)private cost of $30 a tonne.
• E)external cost of $0.

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Definitions:

Schemas

Cognitive structures that help individuals organize and interpret information, based on accumulated knowledge and experiences.

Clustering Principle

A concept in psychology that suggests individuals tend to remember similar or related items in groups.

Long-term Memory

The aspect of memory involved in the storage and retrieval of information over an extended period.

Nodes

Points in a network or system where pathways intersect or branch, often used to describe components in a computer network or points within a biological network.