Tag: market structure and pricing

Quizzes (5) Questions (24)

Questions Related to market structure and pricing

Multiple choice perfect competition and monopoly market structure and pricing economics

Nonbiodegradable waste can be further segregated into ________________.

  1. Recyclable waste

  2. Toxic waste

  3. Soiled

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Non-biodegradable waste is a broad category that includes materials that do not break down naturally, such as recyclables, toxic materials, and soiled items that require specific disposal methods.

Multiple choice perfect competition and monopoly market structure and pricing economics

What are the advantages of composting?

  1. It reduces need for landfill space

  2. It converts organic matter into stable compost that is odour and pathogen free and can be used as manure

  3. It reduces the need for fertilizers and pesticides

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Composting provides multiple benefits: it reduces landfill volume, produces useful soil amendments, and decreases reliance on synthetic chemicals.

Multiple choice perfect competition and monopoly market structure and pricing economics

In ________ process, solid wastes are dumped in a low lying area and as a result of bacterial action, refuse decreases considerably in volume and are converted gradually into humus.

  1. Segregation

  2. Dumping

  3. Composting

  4. Drainage
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Dumping in low-lying areas involves the decomposition of solid waste through bacterial action, which reduces its volume and turns it into humus over time.

Multiple choice perfect competition and monopoly market structure and pricing economics

The composting process is carried out by __________.

  1. Psychrophiles - low-temperature microbes

  2. Mesophiles - medium temperature microbes

  3. Thermophiles - high-temperature microbes

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The three types of bacteria work at different temperatures to decompose the organic matter. Psychrophiles work at lowest temperature, around 55-70 degrees Fahrenheit to break down the organic matter. They give off small heat in the process which is sufficient enough for Mesophilic bacteria to begin composting. They prefer temperatures from 70-100 degrees Fahrenheit and give off heat while decomposing. They die when the temperature goes beyond 100 degrees and this is when thermophiles (heat loving bacteria) begin working.