Private Producers Will Only Choose to Sell Their Output When

question 17

Multiple Choice

Private producers will only choose to sell their output when the benefit outweighs the cost.Which of the following could prevent a market from developing?

• A) High transportation costs
• B) High transfer costs
• C) Poor legal system
• D) All of the above could prevent a market from developing.

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Definitions:

Ribosomal Subunit

A structural component of ribosomes, which comes in two sizes (large and small), necessary for protein synthesis in cells.

Prokaryotic Translation

The process by which mRNA is decoded by a ribosome to produce a specific protein in prokaryotes, organisms without a nucleus.

Initiation Complex

A complex of proteins and RNA that forms on mRNA to begin the process of translating RNA into a polypeptide chain in the cell.

Nonsense Mutation

A base-pair substitution mutation that results in an amino acid–specifying codon being changed to a termination (stop) codon; when the abnormal mRNA is translated, the resulting protein is usually shortened and nonfunctional. Compare with missense mutation.