Which of the Following Is True

question 217

Multiple Choice

Which of the following is true?
i.In an unregulated market with an external benefit,consumers don't take it into account and consume less than the efficient quantity.
ii.Marginal social cost equals marginal private cost minus marginal external cost.
iii.An unregulated market produces more than the efficient quantity of a good with an external cost.

• A) only i
• B) only ii
• C) only iii
• D) i and ii
• E) i and iii

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Definitions:

Sclereids

Specialized thick-walled cells found in plants that provide support and protection, contributing to the hardness of nuts and seeds.

Tracheids

Long, thin cells in plants that facilitate the transport of water and minerals upwards from the roots.

Vessel Elements

Components of the xylem tissue in plants, which are elongated cells that contribute to the conduction of water and minerals.

Xylem

The vascular tissue in plants responsible for the transport of water and nutrients from the roots to the rest of the plant.