Applying the Concept of "Clean Enough" to Climate Change, an Economist

question 57

Multiple Choice

Applying the concept of "clean enough" to climate change, an economist means the

• A)A restoration of the climate to its pre-industrial state without regard to the consequences.
• B)A reversal of climate change such that the average cost of the restoration equals the average benefit of the restoration.
• C)A slowing down or reversal of climate change such that the marginal cost of the effort equals the marginal benefit of the effort.
• D)A slowing down or reversal of climate change such that the total cost of the effort equals the total benefit of the effort.

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Definitions:

Allocating

The process of apportioning costs or resources among departments, activities, or products.

Receiving Report

The form or electronic transmission used by the receiving personnel to indicate that materials have been received and inspected.

Purchased Materials

Raw materials and components that are bought by a company from external suppliers for use in the production process.

Manufacturing Department

A division within a company that is focused on the production of goods through the combination of human labor, machinery, and raw materials.