The Debate About "Jobs Versus the Environment" Refers to ______

question 78

Multiple Choice

The debate about "jobs versus the environment" refers to ______.

• A)the late Steve Jobs' stands against the environment
• B)the difficult tradeoffs between different things that are important to society
• C)the relationship between automation and unemployment
• D)the impact of offshoring on alleviating joblessness

---

Definitions:

Economies of Scale

The economic benefits gained by companies because of their large scale of operation, which typically results in a lower cost per unit of output as the scale increases.

Average Fixed Costs

The total fixed costs associated with production (costs that do not change with output) divided by the quantity of output produced.

Output Increases

A rise in the quantity of goods or services produced by a company or economy.

Law of Diminishing Returns

The principle that as the level of investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.