Table 10-3
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​ -Refer to Table 10-3

question 62

Multiple Choice

Table 10-3
​
​
$$\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Quantity } \\\text { (Units) }\end{array} & \begin{array} { c } \text { Private Value } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Private Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { External Benefit } \\\text { (Dollars) }\end{array} \\\hline 1 & 22 & 12 & 10 \\\hline 2 & 20 & 15 & 10 \\\hline 3 & 18 & 18 & 10 \\\hline 4 & 16 & 21 & 10 \\\hline 5 & 14 & 24 & 10 \\\hline 6 & 12 & 27 & 10 \\\hline\end{array}$$
-Refer to Table 10-3. The market equilibrium quantity of output is

• A)3 units.
• B)4 units.
• C)5 units.
• D)6 units.

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Definitions:

Synapomorphy

A characteristic or feature that is shared by two or more taxa and is presumed to have been present in their most recent common ancestor, used in establishing evolutionary relationships.

Phylogeny

The study of the evolutionary history and relationships among individuals or groups of organisms.

Veins

Blood vessels that carry deoxygenated blood towards the heart, except for the pulmonary and umbilical veins.

Coelacanths

Coelacanths are rare and ancient fish known for their lobed fins, which were once thought to be extinct until living specimens were discovered in 1938.