In the Figure Given Below,D₁ and S₁ Are the Private

question 29

Multiple Choice

In the figure given below,D₁ and S₁ are the private demand and supply curves,of a commodity produced by a competitive firm.S₂ reflects the social marginal cost of production,while S₀ represents the external marginal cost.
-Refer to Figure 20-1.When the efficient output is being produced,the price of the good must be:

• A)$90.
• B)$108.
• C)$100.
• D)$40.

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Definitions:

Myenteric Plexus

Plexus of unmelinated fibers and postganglionic autonomic cell bodies lying in the muscular coat of the esophagus, stomach, and intestines; communicates with the submucosal plexuses.

Celiac Plexus

A complex network of nerves located in the abdomen, sometimes referred to as the solar plexus, playing a key role in innervating many of the abdominal and pelvic organs.

Sympathetic Neurons

Nerve cells that are part of the sympathetic nervous system and involved in the body's involuntary responses to stress.

Propulsion

The act of driving or pushing forward, in biological contexts often referring to the movement of food through the digestive system.