The optimization of plant-specific LED lighting protocols for indoor plant growing systems needs both basic and applied research. Experiments with lettuce, Lactuca sativa L., plants using artificial lighting based on narrow-band LEDs were carried out in a controlled environment. We investigated plant responses to the exclusion of certain spectral ranges of light in the region of photosynthetically active radiation (PAR); in comparison, the responses to quasimonochromatic radiation in the red and blue regions were studied separately. The data on plant phenotyping, photosynthetic activity determination, and PAM fluorometry, indicating plant functional activity and stress responses to anomalous light environments, are presented. The study on carbon isotopic composition of photoassimilates in the diel cycle made it possible to characterize the balance of carboxylation and photorespiration processes in the leaves, using a previously developed oscillatory model of photosynthesis. Thus, the share of plant photorespiration (related to plant biomass enrichment with 13C) increased in response to red-light action, while blue light accelerated carboxylation (related to 12C enrichment). Blue light also reduced water use efficiency. These data are supported by the observations from the light environments missing distinct PAR spectrum regions. The fact that light of different wavelengths affects the isotopic composition of total carbon allowed us to elucidate the nature of its action on the organization of plant metabolism.