Even Though You Know That Pesticides Are Bad for the Environment

question 39

Multiple Choice

Even though you know that pesticides are bad for the environment in the long run,you continue to use them because you know that they will make your lawn look attractive this summer.Which type of social dilemma does this represent?

• A) public goods problem
• B) resource contingency trap
• C) social trap
• D) resource dilemma

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Definitions:

Variable Costing

An accounting method in which variable manufacturing costs are included in product costs, while fixed manufacturing overhead is treated as an expense of the current period.

Net Operating Income

A financial metric that calculates a company's income after operating expenses are deducted, but before interest and taxes are subtracted.

Direct Material Cost

The expense of fundamental materials directly utilized in the production of a product.

Product Cost

The total amount of costs directly and indirectly involved in manufacturing a product or delivering a service.