The Fact That Environmental Problems Affect Different Categories of People

question 15

Multiple Choice

The fact that environmental problems affect different categories of people with varying degrees of hardship is evidence of which of the following?

• A) that environmental problems are part of life, so those best able to survive are those with a positive attitude
• B) that environmental problems are experienced by those with pessimistic attitudes and bad luck
• C) that environmental problems are likely to affect those who do not take precautions
• D) that environmental problems are socially distributed

---

Definitions:

Incremental Costs

Expenses that will be incurred only as a result of undertaking a specific action.

GAAP

Generally Accepted Accounting Principles; a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

Erosion Cost

Costs that occur when the introduction of a new project reduces sales and profits of existing products.

Depreciation Expense

The allocation of an asset's cost over its useful life, reflecting the decrease in value of tangible assets.