Having Tall Smokestacks Is a Form of _____

question 55

Multiple Choice

Having tall smokestacks is a form of _____.

• A) pollution prevention
• B) pollution cleanup
• C) natural capital degradation
• D) ecological restoration
• E) tragedy of the commons

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Definitions:

Input

The resources used in the production process, such as labor, raw materials, and capital.

Returns To Scale

The change in output resulting from a proportional change in all inputs (factors of production) in the production process.

Production Function

A mathematical model that describes the relationship between inputs used in production and the resulting output of goods or services.

Input

Resources or factors used in the production process of goods and services, such as labor, capital, and materials.