Match Each Key Concept with Its Correct Description

question 95

Multiple Choice

Match each key concept with its correct description.
-hydroelectric power

• A)acid rain
• B)global climate change
• C)hole in the ozone layer
• D)nonrenewable energy
• E)renewable energy
• F)desertification
• G)deforestation
• H)ecological restoration
• I)Great Pacific Garbage Patch
• J)Bluefin tuna

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Definitions:

Competitive Buyer

A buyer in a market who has no influence on the market price and must accept the market price as given.

Marginal Expenditure Curve

Curve describing the additional cost of purchasing one additional unit of a good.

Factor of Production

An economic resource that is used to produce goods and services, including land, labor, capital, and entrepreneurship.

Average Expenditure Curve

Supply curve representing the price per unit that a firm pays for a good.