It Is the Custom for Paper Mills Located Alongside the Layzee

question 186

Multiple Choice

It is the custom for paper mills located alongside the Layzee River to discharge waste products into the river. As a result, operators of hydroelectric power-generating plants downstream along the river find that they must clean up the river's water before it flows through their equipment.If the government intervenes and corrects the externality in the situation described, we would expect

• A)the supply of the output from the hydroelectric power plants to decrease.
• B)the supply of the output from the hydroelectric power plants to increase.
• C)the demand for the output from the hydroelectric power plants to decrease.
• D)the demand for the output from the hydroelectric power plants to increase.

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Definitions:

Biology

The scientific study of life and living organisms, including their structure, function, growth, evolution, and distribution.

Genetics

The branch of biology that deals with heredity, genetic variation, and the mechanisms by which certain traits are passed from parents to offspring.

Sir Francis Galton

A 19th-century scientist known for his pioneering studies in heredity and human intelligence, and for introducing statistical concepts to the study of biology.

Twins

Siblings born from the same pregnancy, which can be identical (from one egg) or fraternal (from separate eggs).