Which of the Following Is True

question 139

Multiple Choice

Which of the following is true?
I.In an unregulated market with an external benefit,consumers don't take it into account and consume less than the efficient quantity.
Ii.Marginal social cost equals marginal private cost minus marginal external cost.
Iii.An unregulated market produces more than the efficient quantity of a good with an external cost.

• A)Only i
• B)Only ii
• C)Only iii
• D)i and ii
• E)i and iii

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Definitions:

Sieve-Tube Members

Plant cells that are part of the phloem and responsible for transporting sugars and other nutrients throughout the plant.

Apical Meristem

The growth region in plants found at the tips of roots and shoots, responsible for primary growth.

Parenchyma

Fundamental tissue in plants responsible for photosynthesis, storage, and tissue repair, consisting of living cells with diverse functions.

Monocot

A group of flowering plants whose seeds typically contain only one embryonic leaf, or cotyledon.