Which Publication Is NOT Generally Considered as One That Launched

question 14

Multiple Choice

Which publication is NOT generally considered as one that launched the beginnings of the environmental movement?

• A) The Population Bomb by Paul Ehrlich
• B) Small is Beautiful: Economics as if People Mattered by E.F. Schumacher
• C) Walden: Life in the Woods by Henry David Thoreau
• D) Silent Spring by Rachel Carson

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Definitions:

Marginal Cost

The expense associated with creating an extra unit of a product or service.

Marginal Benefit

The further satisfaction or value an individual gains from consuming an extra unit of a certain product or service.

Optimal Quantity

The amount of a good or service that achieves the best balance between cost and benefit.

Sunk Cost

Expenses that have already been incurred and cannot be recovered, which should not influence current or future business decisions.