You Change the Oil in Your Car Yourself and Dump

question 150

Multiple Choice

You change the oil in your car yourself and dump the used oil down the sewer drain which ultimately flows into the local river.Based on this information, is this a transaction between you and the oil manufacturer?

• A)Yes, you paid for the oil and you can do with it as you like.
• B)Yes, the oil company adds a premium to the price to pay for oil cleanup in the environment.
• C)Yes, the oil will stay in the sewer and not hurt anything.
• D)No, this is an issue of social responsibility because the polluted water will affect others.
• E)No, this is an issue solely between you and your neighbors.

---

Definitions:

Cookie Factory

A specific type of manufacturing plant or production facility where cookies are produced on a large scale.

Production Function

Depicts how maximum output is achieved with given sets of inputs, reflecting the efficiency of production processes.

Boxes of Cookies

Containers filled with cookies, usually quantified by count or weight, representing a unit of measure in cookie trade or consumption.

Cost Function

A mathematical expression that describes how production costs change with changes in the level of output.