Cost Effective Technologies to Reduce Pollution Are Most Likely to Result

question 39

Multiple Choice

Cost effective technologies to reduce pollution are most likely to result from

• A) marketable pollution permits.
• B) pollution charges.
• C) taxes.
• D) pollution limits.
• E) quotas.

Grasp the concept of diminishing returns and its effects on cost and production.

Understand the role of scale economies in long-run cost behavior.

Understand the impact of first impressions and biases on the hiring process.

Recognize the steps involved in designing and evaluating training and development programs.

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Definitions:

Ceramic Tile

A durable, hard flooring material made from clay that has been fired in a kiln, commonly used for floors, walls, and backsplashes.

Fixed Expense

An expense that does not change with the level of production or sales, such as rent, salaries, and insurance.

Administrative Expense

Costs related to the general administration of a business, including office supplies, salaries of administrative personnel, and utilities.

Freight-Out

The cost of shipping goods to customers, which is typically recorded as a selling expense.