Answer the Following Questions in Reference to the Four Groups

question 42

Multiple Choice

Answer the following questions in reference to the four groups of fungi listed below.
-The yeast used in the fermentation of grape juice to produce the wines of the world is a member of this group.

• A)Zygomycetes
• B)Ascomycetes
• C)Basidiomycetes
• D)Glomeromycetes

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Definitions:

Market Price

The existing cost at which a service or asset can be acquired or disposed of in a given market.

Market Fail

A situation where the allocation of goods and services by a market is not efficient, typically due to reasons like externalities, market power, or public goods.

External Benefit

A positive effect of a transaction or activity on a third party who is not involved in the transaction, also known as a positive externality.

Private Decisions

Choices made by individuals or businesses in the private sector, typically regarding consumption, investment, or production.