In the Following Figure, the First Panel Shows a Market

question 99

Multiple Choice

In the following figure, the first panel shows a market situation prior to regulation and the second panel shows the effects of regulation. Figure 12.2 In the figure,
D: Demand curve for automobiles
S₁: Supply curve of automobiles prior to regulation
S₂: Supply curve of automobiles after regulation
FG: Clean up cost per unit
According to Figure 12.2, the total clean up cost for the society prior to regulation is:

• A)area 0BEQ₁.
• B)area 0FIQ₂.
• C)area 0FGQ₁.
• D)area 0P₁EQ₁.
• E)area 0CEQ₁.

---

Definitions:

Genetics

The examination of genetic inheritance and the diversity of traits passed from parents to offspring.

Personality

A fusion of different traits and qualities that establish an individual's distinct personality.

Behavioral/social Learning

A theory that proposes behaviors are learned through the observation of others, their outcomes, and the reinforcement of modeled behavior.

Genetics

The area of biological study concerned with the inheritance of traits and the diversity of those traits passed down through generations.