When a Negative Externality Exists in a Market,how Does the Cost

question 177

Multiple Choice

When a negative externality exists in a market,how does the cost to producers compare with the cost to society

• A)The cost to producers will be greater than the cost to society.
• B)The cost to producers will be the same as the cost to society.
• C)The cost to producers will be less than the cost to society.
• D)The cost to producers and society will be different, regardless of whether an externality is present.

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Definitions:

Genetic Drift

A mechanism of evolution that involves random changes in the frequency of alleles within a population over time, independent of natural selection.

Adaptive Traits

Characteristics of organisms that enhance their survival and reproduction in a specific environment, resulting from the process of natural selection.

Migration

The movement of organisms from one place to another, often cyclically or seasonally, driven by various factors such as food, climate, or breeding.

Genetic Distance

Genetic distance is a measure of how different populations are from each other genetically. Genetic distance can inform population geneticists about levels of inbreeding within a population or about the historic relationships between populations or species.