Overharvesting of Fish in International Waters an Example of

question 46

Multiple Choice

Overharvesting of fish in international waters an example of
What economic concept?

• A)a production externality
• B)a consumption externality
• C)marginal social benefits exceeding marginal private benefits
• D)private marginal costs exceeding marginal social costs

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Definitions:

Hormone

Chemical messengers produced by glands in the body that regulate physiological processes and behavior.

Growth Hormone

A hormone that stimulates growth, cell reproduction, and cell regeneration in humans and other animals.

Biguanides

A class of medications primarily used to lower blood sugar levels in patients with type 2 diabetes; also found in disinfectants and antiseptics.