-The Table Above Shows Information About the Costs and Benefits

question 297

Multiple Choice

-The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city.If the marginal external cost is $10 per ton at every quantity of steel produced,the equilibrium quantity when the steel industry is unregulated is ________ tons per week.

• A) 5
• B) 15
• C) 20
• D) 25
• E) 10

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Definitions:

Mandibular Ramus

The vertical part of the lower jawbone that connects to the mandibular body and supports the teeth.

Mastication

The act of grinding food with teeth before it is swallowed and digested.

Suprahyoid Muscles

A group of muscles located above the hyoid bone in the neck, which function in swallowing and elevating the larynx.

Larynx

The voice box located in the throat, housing the vocal cords and responsible for producing sound.