Exhibit 30-4 ​ Refer to Exhibit 30-4.  If a Negative Externality Exists, Then the Externality

question 159

Multiple Choice

Exhibit 30-4 ​

Refer to Exhibit 30-4.  If a negative externality exists, then the external costs associated with the negative externality equal

• A)P₃ - P₁.
• B)P₄ - P₃.
• C)P₃ - P₂.
• D)P₂ - P₁.

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Definitions:

Available Nutrients

Nutrients present in the environment that can be readily absorbed and used by organisms for growth and metabolism.

Eukaryotic

Pertaining to cells and organisms that have a nucleus enclosed within membranes, distinct from prokaryotic cells which lack such a nucleus.

Photosynthetic

Pertaining to the process by which green plants, algae, and some bacteria convert light energy into chemical energy in the form of sugars, using chlorophyll and releasing oxygen as a byproduct.

Unicellular

Describing organisms made up of a single cell, capable of performing all necessary life functions within that one cell.