-The Figure Above Represents the Relationship Between Output and Cost

question 14

Multiple Choice

-The figure above represents the relationship between output and cost in an industry with an external cost.Which line represents the marginal private cost (MC) curve?

• A) Curve 1
• B) Curve 2
• C) the dotted line BC
• D) the y-axis
• E) the dotted line AB

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Definitions:

TWA

Theory of Work Adjustment, which posits that job satisfaction and performance depend on the correspondence between individual needs and the attributes of the job environment.

Counselor

A professional who provides guidance and support in personal, social, educational, or psychological matters.

Perspective

An attitude towards or way of regarding something; a point of view.

Congruence

Fit between interests and work environment. The greater the congruence, the greater the predicted job satisfaction.