The Equimarginal Principle States That in Order to Get the Greatest

question 28

Multiple Choice

The equimarginal principle states that in order to get the greatest reductions in _______emissions for a given _________ abatement cost, all firms should emit at a point that offers the same marginal abatement cost for each firm.

• A) total; total
• B) marginal; marginal
• C) total; marginal
• D) marginal; total

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Definitions:

Undue Stress

Excessive pressure or tension that can potentially lead to negative health or psychological effects.

Days' Sales

A financial ratio that indicates the average time in days that a company takes to turn its inventory into sales.

Inventory

The raw materials, work-in-progress goods, and completely finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Source Of Cash

Refers to the origins of funds for a business or individual, such as operations, financing activities, or investment returns.