According to Bowie, Environmentalist Policies Are Contrary to a Politician's

question 25

Multiple Choice

According to Bowie, environmentalist policies are contrary to a politician's self-interest because:

• A) Politicians do not care about the earth.
• B) Voters do not care about the earth.
• C) Lobbyists care only about big corporations.
• D) Environmentalist policies are bad for the economy.
• E) Environmental benefits are very long term, and the costs are short term.

---

Definitions:

Average Variable Cost

The total variable costs divided by the quantity of output produced, showing the variable cost per unit of output.

Economic Loss

A situation where total costs exceed total revenues, resulting in a negative profit for a business.

Short-run Supply Curve

Shows the relationship between the price of a good and the quantity supplied over a short period, when at least one input is fixed.

Minimum Point

The point at which a function reaches its smallest value, often used in the context of costs or optimization problems.