Match Each Term with Its Description

question 100

Multiple Choice

Match each term with its description.
-Compound that carries high energy electrons to the electron transport system

• A)Cytosol
• B)Citric acid cycle
• C)Pyruvate
• D)Acetyl coenzyme A
• E)NAD
• F)Mitochondria
• G)Lactate
• H)Electron transport system
• I)Anaerobic
• J)Glycolysis

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Definitions:

Private Cost

The costs directly incurred by individuals or companies involved in conducting an economic activity, excluding any external effects on others.

External Cost

A cost of a transaction that affects someone who did not choose to incur that cost, often associated with negative side effects of economic activities not reflected in market prices.

Social-Cost Curve

A graphical representation showing the total cost to society of producing various levels of a particular good or service, including both private costs and external costs.

Demand Curve

A graphical representation in economics showing the relationship between the price of a specific good and the amount of it that consumers are willing and able to purchase at various prices.