Which of the Following Refers to an Externality Associated with the Purchase

question 96

Multiple Choice

Which of the following refers to an externality associated with the purchase of firearms?

• A) An increase in the rate of crime
• B) An increase in the popularity of shooting sports
• C) Easy availability of cheap, after-sales service of firearms
• D) Enhanced personal security
• E) An increase in exports of firearms

Understand the concept of environmental racism and how it manifests in different contexts.

Analyze the impact of environmental hazards on minority groups and poor communities.

Examine the role of sociology in addressing environmental issues and technological consequences.

Discuss specific instances of environmental racism in Canada and propose solutions.

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Definitions:

Direct Labor-hours

The total amount of time spent by workers directly involved in the manufacturing of a product.

Variable Overhead Standards

The budgeted or standard costs associated with variable overheads, which are expected to change in proportion to different levels of production activity.

Direct Labor-hours

Represents the total hours of labor directly involved in manufacturing a product or delivering a service.

Variable Overhead Rate

The rate at which variable overhead costs are allocated to each unit of production, typically based on hours of labor or machine hours.