Why might a wetland ecologist scoff at an economist when the economist claims to have come up with a "value" for wetlands, for use in benefit-cost analysis? Keep in mind that economists and ecologists tend to have very different ideas about the concept of “value” for environmental resources?  Explain the differences between the concept of “existence value” for an economist, and the concept of “intrinsic value” for an ecologist.

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 ecosystem services? Give several examples. Describe ways in which some economists have…

A: The monetary value of an asset or service is the amount of money that would be received if it were…

Q: The supply and demand of sugar are given as              Qs = 5P, Qd = 250- P where Qs is tons…

A: Since you have asked a question with multiple subparts, we will solve the first three parts for you.…

Q: Production in the private market is inefficient. Why? What is the condition for efficiency in the…

A: First we need to know what is Production inefficient. If a company does not produce at the lowest…

Q: A Pulp and Paper mill in Port Alberni releases pollution into nearby wetlands, and the associated…

A: The private outcome is obtained when only the private costs and benefits are taken into account…

Q: plain the principal laws of environment

A: Environmental law refers to a collective term encloses aspects of the law that gives protection to…

Q: Please provide correct answer in detail... Provide three reasons why it is important for…

A: Ethics can be maintained by implementing the process in a most simplified manner and when decisions…

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A: Enterprise is managed by entrepreneur and therefore enterprise would be occupationally mobile if…

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Q: What are the two characteristics of public goods? Explain the signifificance of each for public…

A: ANS A public good typically has 2 main characteristics they are as follows: Non-Rivalry : A good is…

Q: Given the uncertainty in determining costs and impacts in the environmental world, are the customary…

A: A collection of approaches and methods used in economics to evaluate the advantages and…

Q: 21. A factory is polluting a river which is the source of drinking water for a town of 10,000 people…

A: Given,

Q: True or False 1. If a specific forest ecosystem service can be substituted with a physical structure…

A: Economic value is the value that a person assigns to an economic good based on the benefit that the…

Q: Discuss the concept of externalities and discuss the advantages and disadvantages of tradeable…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Consider the definition of open-access resources introduced this week, is a public park an…

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Q: To evaluate potential policy options that address emissions and climate change, economists often…

A: MTC (maarginal total cost)=MUC(marginal user/private cost) +MEC(Marginal Environmental cost)…

Q: What do economists call the costs of climate change imposed on the rest of the world by the…

A: Environmental Economics looks at resource allocation strategies that reconcile economic growth with…

Q: Ellen and Jo have identical marginal private cost curves and demand curves and use the same amount…

A: Demand represents the volume of goods and services that the consumers are willing to buy at…

Q: Assess urban ecology and the pursuit of sustainable cities

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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.

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A: Command and control refers to the type of environmental regulation which allows the policy makers…

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A: Any measures being taken by the government or any other private organization with respect to the…

Q: 1. Provide three reasons why it is important for environmental economists to adhere to a code of…

A: Spillover effects: It refers to those effects that are unrelated events that occur in an economy.…

Q: Whenever we think of a resource, say forest, the value that immediately comes to our mind is the…

A: Economic value is something the value of benefit that is being derived from a resource.

Q: Do you think that marketable pollution permits work better than corrective taxes Explain your answer…

A: Marketable permit program may be a program within which a town or government problems permits…

Q: If the marginal cost of cleaning up the pond is $15/ppm and the pond currently is at 0 ppm, what is…

A: The marginal cost is the additional cost incurred by producing an additional unit of the commodity.…

Q: What are the economic benefits of Hawaii's water pollution policy?

A: Water pollution is pollution that occurs when harmful substances mix in the water bodies.

Q: Describe the connection between urban ecology and sustainable cities. List three actions a city can…

A: Urban ecology may be defined as the study of the impact of the environment and urbanization on the…

Q: Explain the characteristics of local public goods and outline how the efficient quantity of local…

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Q: Discuss to what extent each of the following satisfies the definition of public good: Noosa National…

A: Public goods are the goods which are non-excludable or non-rival in nature. Non-excludable implies…

Q: What is the socially optimal outcome?

A: Lets analyze the question.

Q: What are economists most concerned with when determining the desirability of pollution abatement…

A:

Q: Suppose the courts issue an injunction to the factory which stipulated that they must stop polluting…

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Q: examples of market-oriented environmental policies.

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Q: what is the potential opportunity cost of the Federal government unsing tax revenue to purchase…

A: Opportunity cost: - opportunity cost is a forgone benefit which we could have earned by applying all…

Q: How can the benefit-cost analyses attempt to determine whether thesocial benefits of a proposed…

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Q: Free-market environmentalism has the potential to improve environmental outcomes     A.…

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

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Q: What policies are most relevant to promoting a transition to renewables? Is this likely to occur…

A: Environmental economics is a part of economics that deals with the societal impact of environmental…