During the 1960s the Public Became More Concerned About the Environment

question 229

Multiple Choice

During the 1960s the public became more concerned about the environment. The concern at that time, was sparked, in part, by:

• A) the nuclear disaster at Chernobyl
• B) the Exxon Valdez oil spill
• C) the publication by Rachel Carson of "Silent Spring"
• D) the decline of the elephant herds in Africa
• E) all of the other choices

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Definitions:

Marginal Cost

The additional cost incurred by producing one more unit of a good or service.

Total Variable Cost

The total of all variable expenses which change with the level of output.

Economic Consultant

A professional who provides expert advice on economic matters, including analysis, forecasting, and policy recommendations.

Marginal Cost

Marginal Cost is the cost of producing one additional unit of a good.