Suppose a state discovered chemical compounds in their water. The source of these chemicals is the waste discharges of industrial plants in another state. This is an example of a(n):
a. market failure where the market price of the output of these industrial plants does not fully reflect the social cost of producing these goods.
b. external cost imposed by the industrial plants of another state.
c. externality where the marginal social costs of producing these industrial goods differ from the marginal private costs.
d. all of these.
Question 2
Banks act as financial intermediaries by:
a. bringing together car buyers and auto dealers.
b. bringing together real estate brokers and home buyers.
c. printing money for all to use.
d. serving the credit needs of borrowers and the security needs of savers.
e. selling shares of stock to investors.
Vapour-liquid equilibrium acetone + water
Testing the Chemical Characteristics of Urine with Reagent Strips
Electrophoresis gel in a densitometer. (a) The green light from the slit light source is visible ...
A spherical water tank with an inner radius of 4 m has its lowest point 3 m ...
The Ames test, which screens compounds for potential mutagenicity
Water strider (Gerris remigis) on water surface, showing surface tension.