Which of the Following Environmental Resources Is Most Directly Impacted

question 81

Multiple Choice

Which of the following environmental resources is most directly impacted by the following example? A forest is cut down to make room for crops.

• A)the air
• B)the soil
• C)the water
• D)all of the above
• E)none of the above

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Definitions:

Marginal Cost

The additional expenditure resulting from the production of an extra unit of a product or service.

Average Total Cost

The total costs of production (both fixed and variable costs) divided by the quantity of output produced, indicating the cost per unit of output.

Marginal Cost

The rise in overall expenses resulting from the manufacture of an extra unit of a good or service.

Average Variable Cost

The total variable cost divided by the quantity of output, representing the variable cost per unit of output produced.