What Single Factor Is Most Responsible for the Severity of Environmental

question 135

Multiple Choice

What single factor is most responsible for the severity of environmental problems in East Asia?

• A) the lack of environmental regulations in the region
• B) the climate in the region
• C) the oil industry in the region
• D) the clearcutting of rainforests throughout the region
• E) the large population in the region

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Definitions:

Cartel

An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.

Marginal Cost

The increase in total cost that arises from producing an extra unit of output.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Cartel

An agreement among competing firms to control prices or exclude entry of a new competitor in a market, often to maximize their profits illegally or unethically.