If the Price of Labor or Some Other Variable Resource

question 407

Multiple Choice

If the price of labor or some other variable resource decreased, the

• A)AVC curve would shift upward.
• B)AFC curve would shift downward.
• C)AFC curve would shift upward.
• D)MC curve would shift downward.

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Definitions:

Environmental Justice

The fair treatment and meaningful involvement of all people regardless of race, color, national origin, or income with respect to the development, implementation, and enforcement of environmental laws, regulations, and policies.

Human Rights

Basic rights and freedoms that all individuals are entitled to regardless of nationality, sex, national or ethnic origin, race, religion, language, or any other status.

Medical Model

A framework for understanding illness and disability that emphasizes biological factors and medical interventions.

Ecological Approach

A perspective in social science that emphasizes the complex interrelations between organisms and their environment.