Examlex
The cost of controlling emissions at a firm goes up rapidly as the amount of emissions reduced goes up. Here is a possible model:
Where q is the reduction in emissions (in pounds of pollutant per day) and C is the daily cost (in dollars) of this reduction. If a firm is currently reducing its emissions by 12 pounds each day, what is the marginal cost of reducing emissions even further
Race
A social construct used to categorize humans into large and distinct populations or groups by heritable physical characteristics, geographical ancestry, culture, history, and language.
Gender
Pertains to the social, cultural, and personal traits and roles associated with being male or female, going beyond the biological differences.
Age Bias
Prejudice or discrimination against individuals based solely on their age, typically against older or younger people in the workplace or society.
Primacy Effect
The tendency to remember information that is presented first better than information that is presented later.
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