Which of the Following Factors Helps in Safeguarding the Earth

question 32

Multiple Choice

Which of the following factors helps in safeguarding the earth?

• A) Sustainable development
• B) Urbanization
• C) Growing population
• D) Energy demand

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Definitions:

Total Variable Cost

The sum of expenses that vary directly with the level of production or output, such as materials and labor.

Total Fixed Cost

The sum of all costs required to produce a good or service that do not change with the level of output.

Marginal Revenue (MR)

The additional revenue that a firm receives from selling one more unit of a good or service.

Marginal Cost (MC)

The additional cost required to produce one additional unit of a product or service, a crucial factor in economic decision-making and pricing strategies.