Figure 10-4 -Refer to Figure 10-4. Which Graph Represents a Market with Represents

question 22

Multiple Choice

Figure 10-4

-Refer to Figure 10-4. Which graph represents a market with no externality?

• A)Graph (a)
• B)Graph (b) only
• C)Graph (c) only
• D)Graphs (b) and (c)

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Definitions:

Rostrum

A speaker’s platform.

Roman City

An urban settlement that was developed and structured during the Roman Empire, characterized by its architecture, planning, and infrastructure such as roads and aqueducts.

Law Court

An institution or a specific place where legal disputes are adjudicated by judges, interpreters of the law, and legal systems.

Roman Coinage

The system of currency used in the Roman Empire, which facilitated trade and commerce across its vast territories.