Government water resource specialists have estimated that the ...

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Government water resource specialists have estimated that the Great Lakes currently contain about 200 thousand tons of pesticide pollutants, the amount of new pesticide pollutants that enter the lakes are about 20 thousand tons per year, and the
 
  stock of pesticide pollutants was about 200 thousand tons last year. Based on this information, what is the stock dissipation rate? A) Zero
  B) 5 percent
  C) 10 percent
  D) 20 percent

Question 2

A function that indicates the maximum output per unit of time that a firm can produce, for every combination of inputs with a given technology, is called
 
  A) an isoquant.
  B) a production possibility curve.
  C) a production function.
  D) an isocost function.

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Answer to Question 1

C

Answer to Question 2

C

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TYSM

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