Match each concept in Column A with a definition or example in Column B.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 12E
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11. Match each concept in Column A with a definition
or example in Column B.
Column A
Column B
1. Valuing time at the
a. Depreciation of
natural capital
wage that someone gives
up
2. Comparison with GDP
supports the diminishing
marginal utility of
b. Satellite accounts
income
c. An indicator of well-
3. Costs of cleaning up a
being including 11
toxic waste site
dimensions
d. An example of non
market production
4. The value of fish killed
by toxic waste
e. Opportunity-cost
method
5. Government
production
6. The effect on copper
f. Subjective well-being
reserves of copper mining
g. Maintenance costs
7. Better Life Index
8. The service performed
by a garbage dump
h. Defensive
expenditures
i. A way of measuring
well-being (not
production) using dollar
9. Cleanup costs
following an oil spill
amounts
10. Monetary or physical
j. Damage costs
measures that can be
related to GDP
11. Genuine Progress
k. Sink function
Indicator
Transcribed Image Text:11. Match each concept in Column A with a definition or example in Column B. Column A Column B 1. Valuing time at the a. Depreciation of natural capital wage that someone gives up 2. Comparison with GDP supports the diminishing marginal utility of b. Satellite accounts income c. An indicator of well- 3. Costs of cleaning up a being including 11 toxic waste site dimensions d. An example of non market production 4. The value of fish killed by toxic waste e. Opportunity-cost method 5. Government production 6. The effect on copper f. Subjective well-being reserves of copper mining g. Maintenance costs 7. Better Life Index 8. The service performed by a garbage dump h. Defensive expenditures i. A way of measuring well-being (not production) using dollar 9. Cleanup costs following an oil spill amounts 10. Monetary or physical j. Damage costs measures that can be related to GDP 11. Genuine Progress k. Sink function Indicator
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