Consider a Biochemical Pathway That Branches to Form Two Different

question 26

Multiple Choice

Consider a biochemical pathway that branches to form two different products.If the end product of one of the branches is present in a large amount,at what point would the pathway be regulated to ensure adequate production of the end product of the alternative pathway while slowing or stopping production of the product already present in excess?

• A)At the very first step in the entire pathway
• B)At the last step in the pathway to the product in excess
• C)At the last step in the pathway to the alternative product still needed
• D)At the point where the two pathways branch

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Definitions:

Producer Surplus

The gap between the price that sellers are ready to take for a product or service and the actual price they get from the market.

Deadweight Loss

An economic inefficiency that arises when the balance for a product or service is either not attained or cannot be attained.

Consumer Surplus

The differential between the overall amount consumers are willing and financially prepared to spend on a good or service, and what they end up spending.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, essentially the extra benefit to producers from selling at the market price.