The Figure Given Below Shows the Demand and Supply Curves

question 12

Multiple Choice

The figure given below shows the demand and supply curves of steel. S_p is the private supply curve, and S_s is the social supply curve that includes both private costs and external costs.Figure 13.2

-In Figure 13.2, external costs are equal to _____.

• A)P_s − P_p
• B)da
• C)Q_p − Q_s
• D)ab
• E)bc

Identify and understand sampling techniques, including representative and random sampling, and their significance in research.

Distinguish between experimental and correlational research methodologies and their applications.

Recognize the implications of confounding variables and the limitations of correlational research.

Interpret the roles of independent and dependent variables in experimental research.

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Definitions:

Hockey

A team sport played on ice or a field, where players use sticks to hit a puck or ball into the opponent’s goal.

Zamboni

A brand of ice resurfacer used to clean and smooth the surface of an ice rink.

Fans

Supporters or admirers of a particular person, team, or form of entertainment.

Vacuums

Devices that use suction to remove dirt and dust, typically from floors and other surfaces.