If There Are No Externalities, a Competitive Market Achieves Economic

question 161

Multiple Choice

If there are no externalities, a competitive market achieves economic efficiency.If there is a negative externality, economic efficiency will not be achieved because

• A)too little of the good will be produced.
• B)too much of the good will be produced.
• C)a deadweight loss will occur that is equal to the area under the demand curve for the good.
• D)economic surplus is maximized.

Understand the diversity and classification of bacteria based on cell structure and morphology.

Identify the unique characteristics of various bacterial groups.

Distinguish between bacterial groups based on the presence or absence of a cell wall.

Recognize the significance of a waxy cell wall in certain bacteria and its implications for bacterial survival and pathogenicity.