Which of the Following Is NOT a Carbon Reservoir

question 37

Multiple Choice

Which of the following is NOT a carbon reservoir?

• A)living organisms
• B)dead organisms
• C)coal
• D)ammonium and nitrates
• E)inorganic carbonate in limestone/carbonaceous shells

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Definitions:

Long-Run Average Total Cost

The average cost per unit of output in the long term when all inputs can be varied by the firm and economies of scale have been reached.

Output

The total amount of goods or services produced by a company, industry, or economy within a given period.

Returns to Scale

The rate at which output increases in response to a proportional increase in all inputs (factors of production).

Long-Run Average Total Cost Curve

A graphical representation showing the lowest possible average cost of production, allowing all factors of production to vary in order to minimize cost.