Which Ratio Measures the Proportion of an Activity Consumed by a Product

question 129

Multiple Choice

Which ratio measures the proportion of an activity consumed by a product?

• A) quality ratio
• B) efficiency ratio
• C) production ratio
• D) consumption ratio

---

Definitions:

Regulations

Standards and rules formulated by governmental or nongovernmental organizations to govern conduct within certain spheres of activity.

Pollution Permits

Marketable permits allowing holders to emit a certain amount of pollution, used as a regulatory tool to control environmental impacts.

Corrective Tax

A tax designed to induce private decision-makers to take account of the social costs that arise from a negative externality.

Government

The system or group of people governing an organized community, often a state, with the authority to make and enforce laws, policies, and decisions.