-Costs That Spill Over to Third Parties Are Called

question 67

Multiple Choice

-Costs that spill over to third parties are called

• A) opportunity costs.
• B) external costs.
• C) variable costs.
• D) public costs.

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Definitions:

Renal Pelvis

A central space, or cavity, in the kidney where urine collects before moving to the ureter.

Sterile

Free from any living microorganisms; in a medical or laboratory context, it indicates that an item or environment has been rendered free of all forms of life, especially microbial life, to prevent infection or contamination.

Urine

A liquid by-product of metabolism in humans and many animals, excreted by the kidneys.

Glomerular Capsule

A cup-shaped structure in the kidney that encases the glomerulus and participates in the filtration process of blood to form urine.