Which of the following is a positive statement? large inequality in society should be avoided environmental pollution should be minimized O smoking causes cancer

Q: What are the components of the environment from the point of view of the decision-making? What do…

A: The decision making of the environment is a set of information, values, preferences gathered during…

Q: Which of the following is an example of an externality? (x) cigarette smoke that permeates an…

A: Externalities are important concepts in economics, representing the unintended side effects or…

Q: Use a graph to explain the benefits a farmer will experience if pollution of a nearby industry…

A: Positive Externalities (Production) occurs when a 3rd party gets benefited from the production of a…

Q: Discuss the ten reasons why agriculture is important.

A: The human civilization started with agriculture and even in present times, it places an important…

Q: Using a diagram, explain how a carbon tax could help reduce pollution.

A: Carbon tax is a tax charged by government on firms that produce carbon dioxide while performing…

Q: 1. What is the main objective of the Sustainable Development Goals of the United Nations?

A: Sustainable development is a strategy to a nation's economic growth without sacrificing the…

Q: Which of the following is an example of a public good? A. Movie Theater B. Tacos C. Natural History…

A: Answer: A public good is good that is both non-excludable and non-rival. Natural History Museum (if…

Q: Explain why zero pollution should not be the goal for a society.

A: The term "zero pollution" implied a low quantity of poisons and trash delivered by businesses, to…

Q: 5. Which one of the following is the best example of an artificially scarce good? a. National…

A: Artificially scarce goods also called club goods are one of the types of goods in economics. The…

Q: Which of the following goods would be considered a pure public good? Select one: O O O a. National…

A: A pure public good is characterized by two main features: non-excludability and…

Q: In what ways is pollution still a problem?

A: Environmental economics studies the distribution of the world's natural resources for efficient use…

Q: Discuss two ideas on how environmental challenges can create business opportunities. use your words

A: We are in the phase of a constantly changing environment. The population in the world is rising at a…

Q: Chapter 8 in Tietenberg and Lewis looks at climate change, the most important environmental issue of…

A: Carbon Pricing is defined as setting a price on carbon emissions by implementing a tax on the…

Q: Is environmental pollution a failure of the free market system?

A: Yes, environmental pollution is an outcome of free market system failure.

Q: What is the concept of an ecological dish and give an example

A: Ecology is the study of the relationships between living organisms, including humans, and their…

Q: Why do you think the ecological footprint for people in Bangladesh is so small?

A: Ecological Footprint refers to the impact of activities of human measured by the area of forest,…

Q: Which is an example of reducing the amount of waste created in the environment?

A: Environmental economics is a branch of economics that studies how people interact with the natural…

Q: Using the textbook definition of the environment, which of the following is an example of an…

A: The problem in question is the choice of an issue related to the environment brought out by the…

Q: How does school shooting affect Social Economic ? please help

A: Social economics is the branch of economics discipline that is used to determine the link between…

Q: where does the green go

A: A monopolistically competitive market consists of numerous firms that offer differentiated products.…

Q: A mosquito control program in a city is a A. private good B. club good C. common pool resource good…

A: Properties of goods: Excludability: A good is excludable if the consumption can be restricted if a…

Q: Which of the following best describes the Environmental Bottom Line of sustainability? Ecological…

A: The triple bottom line is a three-part accounting framework that includes social, environmental (or…

Q: What is a way to determine the value of a forest that remains intact? A. The number of people who…

A: The forest is tourist attraction which remains intact. It's valuation should depend on visitors.  In…

Q: Next question Which of the following is an example of a positive externality? A. A lower inflation…

A: Positive externality refers to the situation when social benefits exceed private benefits. It refers…

Q: The net benefit to society from reducing pollution is equal to Select one: a. the additional…

A: Pollution results in negative externalities, thus the benefits of reducing pollution usually…

Q: The situation described in the news article illustrates a possible conflict between finding…

A: The resources are the environmental goods which would result in the natural resources and are one of…

Q: How can we measure production related benefits of reducing pollution or environmental improvement?

A: When certain variables that are not related to the production/product get a negative(sometimes,…

Q: How are public goods different from private goods?

A: Public goods- Public goods (PB) are provided by the government and these are neither excludable nor…

Policy Instruments for Environmental protection

Policy Instruments for Environmental Protection link policy development and decision making to policy implementation to protect the environment and promote sustainable development. Economic growth brings great risk to the environment and often puts increased pressure on environmental resources. But it is the responsibility of the policymakers to ensure that the risk caused to the environment through developmental projects is kept in check. Environmental protection is central to sustainable development. They can be both beneficial and equitable. Environment protection policies can be used to deter environmentally damaging activities. They also improve social equity and raise revenue.