Why is open access fishing a problem from both an economic and environmental perspective? What policies can be used to address these problems? Are there government policies intended to help fisherman that can actually make things worse?

Q: Reflect on the causes for the transitions in U.S. history from one type of environmental policy to…

A: Environmental economics is the study of the economics of environmental protection and the economic…

Q: what are some proms and cons of being an environmental economist?

A: Environmental economists supervise the economic analysis which is linked to environmental protection…

Q: What makes water pollution relevant to the researchers?

A: Answer - Water Pollution - It is the contamination of water environment or water body due to direct…

Q: Which externality is the most threatening when it comes to pig farming?

A: An externality is an act where the third party gets affected by the transaction (production or…

Q: Would environmentalists favor command-and-control policies as a way to reduce pollution? Why or why…

A: The command-and-control regulation establishes particular pollution emission limitations and/or…

Q: What causes market failure when there is marine pollution.

A: Market failure takes place when the allocation of services and items by a free market is…

Q: Why free-market environmentalism is not implemented?

A: Free market environmentalism would cause decrease in production of many firms.

Q: What are pollution havens? How are they created or why do they exist? Why do economists think they…

A: According to the Pollution Haven Hypothesis, businesses will want to avoid the costs of strict…

Q: What assumptions do economists make? Why does each assumption matter in environmental economics?

A: Economics: It is related to the production, distribution, and consumption of goods and services.

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: How did California lead the way in terms of state environmental policy?

A: Environmental policy contains all the rules and regulations agreed to by an organisation or a…

Q: Why market failure occurs due to marine pollution?

A: In economics, market failure is a condition in which products and services are distributed…

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

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

Q: Think of one environmental problem that you would like to see solved. From what you’ve learned about…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Why has supply and demand failed to prevent pollution

A: Supply: It refers to the goods and services available in the market for the people's purchase. The…

Q: What are the fundamental issues in the economic approach to environmental issues?

A: Environmental economics refers to a sub-field or branch of economics concerned with environmental…

Q: How many fish should a commercial fisherman try to catch in a day? Should he catch as many as…

A: The operational expenditures that fisherman spend, such as fuel, labour, and maintenance costs, have…

Q: What are some economic benefits of aquaculture? What are some negative environmental impacts?

A: Auaculture is the farming of aquatic animals or plants under controlled conditions, including…

Q: What are some pros and cons of being an environmental economist?

A: pros:-  the advantage of being an environmental economist is that is a great profession and can do…

Q: Show graphically and explain how an increase in environmental awareness affects the market for…

A: Answer: An increase in environmental awareness will lead people to decrease the consumption of…

Q: Why do economists prefer corrective taxes and tradeable permits over command and control policies as…

A: Economists prefer corrective taxes and tradable permits over command and control policies policies…

Q: Differentiate between a public good and common resources.

A: In a market, one of the participants is a seller serves different types of products and resources…

Q: How does marine conservation differ from other environmental issues?

A: The marine conservation is characterised by the presence of salt water . It is the largest…

Q: What are corrective taxes? Why do economists prefer them to regulations as a way to protect the…

A: Corrective tax is the tax enacted to reduce the negative externality in the society. The corrective…

Q: Can extreme levels of pollution hurt the economic development of a high-income country? Why or why…

A: Pollution is always bad for human health and for the environment too. In economics, we always try to…