-Graphically, the Presence of an External Cost That Is Ignored

question 109

Multiple Choice

-Graphically, the presence of an external cost that is ignored by producers can be shown as

• A) a market supply curve to the left of the market supply curve for where the producers have to pay for the external cost.
• B) a market supply curve to the right of the market supply curve for which the producers have to pay for the external cost.
• C) a market supply curve the same as the market supply curve for which the producers have to pay for the external cost.
• D) the absence of a market supply curve.

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Definitions:

Ocean Acidification

The process by which seawater becomes more acidic due to the absorption of carbon dioxide from the atmosphere, which can affect marine life and ecosystems.

Toxic Metal Emissions

The release of harmful metal substances into the environment, often as a byproduct of industrial processes, which can pose health risks to humans and ecosystems.

Elytra

The hardened forewings of beetles and some other insects, which serve as a protective shield for the fragile hind wings used in flight.

Coleoptera

An order of insects that includes beetles and weevils, characterized by hard wing cases and a chewing mouthpart, representing the largest order of insects.