A person RK, an employee of the USDA, gave another person JL two unreleased varieties of grapes. Such an act was unauthorized and the said varieties yielded no fecund fruit. Neither any grapes nor any plant material was sold to any other party. Though the plants were publicly visible, they were not labeled. Moreover, they couldn’t be identified by a simple viewing of the vines. To e xplain: The applicability of USDA for patents on those two varieties of grapes.

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For these questions, you must state "true," "false," or "uncertain" and argue your case (roughly 3 to 5 sentences). When appropriate, the use of graphs will make for stronger answers. Credit will depend entirely on the quality of your explanation. 1. If the industry facing regulation for its pollutant emissions has a lot of political capital, direct regulatory intervention will be more viable than an emissions tax to address this market failure. 2. A stated-preference method will provide a measure of the value of Komodo dragons that is more accurate than the value estimated through application of the travel cost model to visitation data for Komodo National Park in Indonesia. 3. A correlation between community demographics and the present location of polluting facilities is sufficient to claim a violation of distributive justice. olsvrc Q 4. When the damages from pollution are uncertain, a price-based mechanism is best equipped to manage the costs of the regulator's imperfect…

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Chapter 8, Problem 7BCP

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Case summary: A person RK, an employee of the USDA, gave another person JL two unreleased varieties of grapes. Such an act was unauthorized and the said varieties yielded no fecund fruit. Neither any grapes nor any plant material was sold to any other party. Though the plants were publicly visible, they were not labeled. Moreover, they couldn’t be identified by a simple viewing of the vines.

To e xplain:The applicability of USDA for patents on those two varieties of grapes.

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For these questions, you must state "true," "false," or "uncertain" and argue your case (roughly 3 to 5 sentences). When appropriate, the use of graphs will make for stronger answers. Credit will depend entirely on the quality of your explanation. 1. If the industry facing regulation for its pollutant emissions has a lot of political capital, direct regulatory intervention will be more viable than an emissions tax to address this market failure. 2. A stated-preference method will provide a measure of the value of Komodo dragons that is more accurate than the value estimated through application of the travel cost model to visitation data for Komodo National Park in Indonesia. 3. A correlation between community demographics and the present location of polluting facilities is sufficient to claim a violation of distributive justice. olsvrc Q 4. When the damages from pollution are uncertain, a price-based mechanism is best equipped to manage the costs of the regulator's imperfect…

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For environmental economics, question number 2 only please-- thank you!