-In Figure 4

question 145

Multiple Choice

-In Figure 4.2, the reason that the increase in output from point B to C is much greater than the increase in output from point C to D is that

• A)it always costs more money to increase output.
• B)small levels of production are often inefficient and that significant increases in production can occur thereafter at only a small additional cost.
• C)it is very difficult and very expensive to increase output once the capacity of the machinery has been reached.
• D)there is waste.

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Definitions:

Intragenerational Equity

The ability to meet the needs of current generations.

Eco-Justice

Refers to the fair treatment and meaningful involvement of all people regardless of race, color, national origin, or income with respect to the development, implementation, and enforcement of environmental laws, regulations, and policies.

Quality of Life

A measure that evaluates the general well-being of individuals and societies, encompassing not only wealth and employment but also the built environment, physical and mental health, education, recreation and leisure time, and social belonging.

GRI

Global Reporting Initiative; a leading framework for sustainability reporting that provides guidelines for companies to report their environmental, social, and governance performance.