Which Factor Is NOT Driving Our Search for Alternative Fuel

question 41

Multiple Choice

Which factor is NOT driving our search for alternative fuel sources?

• A) legislation that requires a certain production of biofuels in the next 10 years
• B) the dwindling fossil fuel resources
• C) global warming from carbon dioxide emissions
• D) increasing demand for fuel
• E) the large amount of water and pesticides used when biodiesel is produced from corn

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Definitions:

Marginal Social Benefit

The additional benefit received by society as a whole from the production or consumption of one more unit of a good.

Marginal Social Benefit

The additional gain to society as a whole from an additional unit of a good or service, considering both private benefits and externalities.

Marginal Benefit Curve

The Marginal Benefit Curve is a graphical representation showing how the benefit or utility from consuming each additional unit of a good decreases as more units are consumed.

Government Intervention

Regulatory actions taken by a government in order to affect or interfere with decisions made by individuals, groups, or organizations regarding economic and social matters.