Figure 4-3 Figure 4-3 Shows the Market for Tiger Shrimp. the Market

question 125

Multiple Choice

Figure 4-3

Figure 4-3 shows the market for tiger shrimp. The market is initially in equilibrium at a price of $15 and a quantity of 80. Now suppose producers decide to cut output to 40 in order to raise the price to $18.
-Refer to Figure 4-3.At a price of $18 consumers are willing to buy 40 pounds of tiger shrimp.Is this an economically efficient quantity?

• A)No, the marginal benefit of the 40th unit exceeds the marginal cost of that 40th unit.
• B)Yes, otherwise consumers would not buy 40 units.
• C)Yes, because $18 shows what consumers are willing to pay for the product.
• D)No, the marginal cost of the 40th unit exceeds the marginal benefit of the 40th unit.

Recognize the involvement of cellular organelles in medical conditions and diseases.

Understand the process of protein folding and the role of proteases in the endoplasmic reticulum.

Describe the sequence of cellular events leading to the destruction of a pathogen.

Explain the role of mitochondria in cell necrosis and ATP synthesis.

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Definitions:

Conchae

Curved bones in the nasal cavity that help to filter, warm, and moisten the air before it enters the lungs.

Tracheotomy

A surgically made opening in the trachea through which a person will breathe.

Intubation

The insertion of a tube into a patient's airway to maintain an open airway or administer certain drugs.

Conchae

Curved shelves of bone located inside the nasal cavity that increase its surface area for the purpose of warming, moisturizing, and filtering the air breathed in through the nose.