Principles Of Economics, Ap Edition, 9781337292603, 1337292605, 2018
8th Edition
ISBN: 9781337292603
Author: Mankiw
Publisher: Cengage Learning (2018)
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Chapter 11, Problem 4CQQ
To determine
Preserve the common resource.
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Which one of these resources is a non-renewable natural resource?
Select one:
a. A Wooden House
b. Gold
c. A Chainsaw
d. Livestock (sheep, cows, etc.)
e. Plastic
A mosquito control program in a city is a
A. private good
B. club good
C. common pool resource good
D. public good
how do we make the best use of the available resources.
Chapter 11 Solutions
Principles Of Economics, Ap Edition, 9781337292603, 1337292605, 2018
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- After Nike built a plant in a rural area, it discovered that families were taking their children out of school to work in these plants. Instead of getting an education, these children were put to work which wasn’t Nike’s intent. Which characteristic of environmentally sustainable businesses does this demonstrate? A. equity in distribution within the supply chain B. alignment of relative industries C. limits on the Earth’s resources D. interdependence of ecological, social, and economic systemsarrow_forward1) Identify a concept on your own from Douglas North and explain it in your own words. You need to CLEARLY identify the source (i.e. name of the book and page, or link of the video and time, or name and link of the website). (one paragraph) 2) How would you use this concept to explain an observation in your life, a historical event, a cultural norm or institution, a local/international problem, create a solution to an environmental issue, or to create a business opportunity? (one paragraph)arrow_forwardDiscuss two ideas on how environmental challenges can create business opportunities use your words Use the editor to format your answerarrow_forward
- Match the good with it's best characterization.If it is a Public good, private good, club good, or open access resource 1. Poke Bowl 2. Clean air 3. Blue fin tuna 4. Private beach 5. Over-crowded public beach 6. Uncrowded public beach 7. Open-source software (liKe Python, R, an Linux) 8. Commercial software (lIke Microsoft Word) 9. Organic, free-range chickenarrow_forwardWhat is a way to determine the value of a forest that remains intact? A. The number of people who visit this forest. B. How much money people would pay to protect this forest. C. The amount of money that people spend to purchase gear for camping in this forest. D. How long it takes for people to reach the forest by different modes of transportation. E. A and B. F. All of the above.arrow_forwardWhich organization was created in 1991 to provide grants for global environment projects? Group of answer choices A. The EPA B. The CIA C. Global environmental facility D. The International Monetary Fundarrow_forward
- A sunset view can best be categorized as a: A. private good B. club good C. public good D. open access resourcearrow_forwardA local, church, temple, synagogue, mosque, etc. Are they public good, private good, private good, club good or common-pool resources?arrow_forwardAn example of a firm that would least likely be recognized as socially responsible isa. a farm that specializes in organically grown produce.b. a builder that constructs energy-efficient homes.c. a manufacturer of pollution-control equipment.d. a high fee, low return investment company.arrow_forward
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