A Company Earns $200,000 in Profit

question 77

Multiple Choice

A company earns $200,000 in profit.The total costs paid by the firm are $800,000.Production of the goods contaminates the river and small lakes,which reduces the profits of salmon fishermen by $90,000.The external cost to society of the company's production is

• A) $90,000.
• B) $110,000.
• C) $200,000.
• D) $600,000.

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Definitions:

Chondral

Pertaining to cartilage, often used in medical terms to refer to conditions, treatments, or anatomical parts involving cartilage.

Eversion

The act of turning inside out or being turned inside out, typically used in medical contexts to describe a part of the body.

Abduction

The movement of a limb or other part away from the midline of the body or from another part.

Flexion

The action of bending or the condition of being bent, often in reference to a limb or joint in the body.