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Classification.The processes listed below represent major chemical pathways in photosynthesis.Respond to the following statements with reference to these five processes.
a.light-dependent reactions
b.chemosynthetic reactions
c.carbon dioxide fixation
d.Calvin-Benson cycle
e.C4 pathway
-This is a carbon-fixing system that precedes the Calvin-Benson cycle in some plants.
Perfectly Competitive
An economic market scenario where buyers and sellers operate in a setting with full information, resulting in efficient allocation of resources.
Economic Profit
The profit a business makes after deducting both its explicit and implicit costs, not just its operational expenses.
Profit Maximizing
A process by which a firm determines the price and output level that returns the greatest profit.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, or loan payments.
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