If It Costs Motorists $1 to Reduce Carbon Monoxide Emissions

question 132

Multiple Choice

If it costs motorists $1 to reduce carbon monoxide emissions from 10 pounds to 9 pounds and $3 to reduce them from 9 pounds to 8 pounds, the marginal benefit of the 9th pound of carbon monoxide is:

• A) $1.
• B) $3.
• C) $8.
• D) $9.

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Definitions:

Alternatives

Other options or courses of action that are available in a particular situation, typically considered when making decisions.

Competitive Advantage

The attributes or circumstances that allow an organization to produce goods or services more effectively than its competitors.

Strategy

A plan of action designed to achieve a long-term or overall aim.

Well-written Goals

Objectives that are clearly defined, achievable, measurable, relevant, and time-bound, enhancing focus and direction.