Use the Following to Answer Questions

question 80

Multiple Choice

Use the following to answer questions:
Figure: Market Failure
-(Figure: Market Failure) Look at the figure Market Failure. Suppose it represents the demand for and marginal cost per pound of shrimp in the bay. The additional cost of the shrimp due to the depletion of the common resource is equal to AC. The output of F is _____ because the marginal social benefit is _____ the marginal cost.

• A) efficient; equal to
• B) efficient; greater than
• C) inefficient; greater than
• D) inefficient; less than

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Definitions:

Neuromuscular Junction

The site where a motor neuron communicates with a skeletal muscle cell to induce muscle contraction.

Synaptic Cleft

The small gap between neurons at a synapse, across which neurotransmitters move to transmit electrical signals.

Sodium Channels

Protein channels located in cell membranes that allow the passage of sodium ions in and out of the cell, playing a crucial role in generating electrical signals in neurons and muscle cells.

Motor End Plate

A region of muscle fiber membrane that receives signals from nerves, triggering muscle contraction.