Costs of Production That Change with the Rate of Output

question 69

Multiple Choice

Costs of production that change with the rate of output are:

• A) Sunk costs.
• B) Fixed costs.
• C) Opportunity costs.
• D) Variable costs.

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Definitions:

Acid Rain

Precipitation with a pH lower than normal, caused by atmospheric pollution from sulfur dioxide and nitrogen oxides, which damages ecosystems, buildings, and water bodies.

Deforestation

The large-scale removal of forest or tree cover, often due to agricultural expansion, logging, or mining, leading to significant environmental and ecological disruption.

Silent Spring

A landmark environmental science book published in 1962 by Rachel Carson, credited with advancing the global environmental movement.

Indiscriminate Use

Utilizing resources, tools, or practices without regard for consequences, often leading to wastefulness or harm.