The Best Way to Approach Making Individual Changes to Reduce

question 24

Multiple Choice

The best way to approach making individual changes to reduce your ecological footprint is to:

• A) make a list of everything you could do.
• B) begin with changes after you have convinced 10 people to join you.
• C) start with the most challenging change so you will feel better when it is accomplished.
• D) make one change that will benefit the environment and your health at a time.

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Definitions:

Indifference Curves

Graphical representations in microeconomics to illustrate different combinations of goods between which a consumer is indifferent.

Utility Function

A mathematical representation that ranks preferences or satisfaction levels consumers derive from different bundles of goods.

Perfect Substitutes

Products or goods that can replace each other perfectly with no loss of utility to the consumer.

Utility Function

A mathematical representation of a consumer's preference ranking over a set of goods or services, indicating satisfaction levels.