Figure 14-10

question 482

Multiple Choice

Figure 14-10
In the figure below, panel (a) depicts the linear marginal cost of a firm in a competitive market, and panel (b) depicts the linear market supply curve for a market with a fixed number of identical firms.
-Refer to Figure 14-10. If there are 700 identical firms in this market, what is the value of Q2?

• A)140,000
• B)210,000
• C)280,000
• D)420,000

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Definitions:

Environmental Racism

Is the tendency to heap environmental dangers on people who are disadvantaged and especially on members of disadvantaged racial minority groups.

Environmental Dangers

Various threats to the environment that can lead to degradation, pollution, and harm to ecosystems and human health.

Racialized Minorities

Groups of people who are socially marginalized and discriminated against on the basis of physical characteristics or cultural practices perceived to be linked to race.

Environmental Racism

The disproportionate impact of environmental hazards on minority or economically disadvantaged communities, often due to discriminatory practices.