Private Costs

question 207

Multiple Choice

Private costs

• A)are borne by producers of a good while social costs are borne by government.
• B)are borne by consumers of a good while social costs are borne by government.
• C)are borne by producers of a good while social costs are borne by society at large.
• D)are borne by producers of a good while social costs are borne by those who cannot afford to purchase the good.

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Definitions:

Sequence

refers to the order of units in a biopolymer, like DNA, RNA, or proteins, or more generally to the arrangement of events or processes.

Equator

An imaginary line around the middle of the Earth, equidistant from both poles, dividing it into the Northern and Southern Hemispheres.

Biomes

Large ecological areas on the Earth's surface, with flora and fauna adapting to their environment, such as forests, deserts, and tundras.

Temperate Deciduous Forests

Biomes characterized by four distinct seasons and deciduous trees which lose their leaves annually.