Asked by Jenny Mclin on May 05, 2024
Verified
If a firm had a fixed proportions technology, then the pollution produced by this firm:
A) cannot be reduced.
B) can be reduced only by lowering the level of output (holding technology constant) .
C) can be reduced by changing how the output is produced within the bounds of the existing technology.
D) can be reduced only by increasing the number of firms in the industry.
E) can be reduced only by changing the technology.
Fixed Proportions Technology
Fixed proportions technology is a production process where inputs must be used in strict, fixed ratios to produce outputs, with no possibility of substitution between inputs.
Pollution
The presence of substances in the environment that are harmful to human health, natural ecosystems, or the climate.
Output
The total amount of products or services produced by a company, industry, or economy.
- Evaluate the impact of technology and production methods on pollution and environmental sustainability.
Verified Answer
Learning Objectives
- Evaluate the impact of technology and production methods on pollution and environmental sustainability.
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