Which of the Following Is NOT a Benefit of Switching

question 33

Multiple Choice

Which of the following is NOT a benefit of switching from corn ethanol to cellulosic ethanol?

• A) the potential to circumvent the food controversy by not occupying land that could support food crops
• B) the resistance to many pests and plant diseases
• C) the requirement of less fertilizer
• D) the consumption of less energy for production
• E) the ease of scaling up production

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Definitions:

Marginal Cost Curves

graphical representations that show how the cost of producing one additional unit of a good or service varies with the quantity produced.

Price Taker

A price taker is a firm or individual who has no power to influence the prices in a market, taking the prevailing prices as given.

Short-Run Supply Curve

A graphical representation showing the quantity of goods a firm is willing to produce and sell at different price levels in the short term.

Marginal Cost

The expenditure required to produce one more unit of a product or service.