Environmental Economics questions and answers in January 2022

Question 10 (1 point) Restoring market efficiency: a) Is always sufficient, without additional policies that must be implemented, to guarantee sustainable outcome C b) Is not always sufficient to prod...

Question 7 (1 point) To an economist an efficient policy outcome is one that: O a) Leads to greatest possible benefits 0 b} Leads to minimum possible costs 0 c} Produces the greatest amount of equity ...

Question 10 (1 point} Travel cost is (select all that apply): Select 2 correct answer(s) C] a) An example of a revealed preference method of estimating value C] b) A method of inferring value of a rec...

Question 9 (1 point) Public goods: 0 a) Exhibit both consumption indivisibilities and nonexcludability O b) Are generally not produced in efficient amounts because of the problem of free riders O c) I...

Question 4 (1 point) v' Saved There is generally a good case for government intervention for pollution control: 0 a) Only for stock pollutants O b) Only for fund pollutants @ c) For both stock and f...

Question 3 (1 point) 0 a) Are largely borne solely by corporations 0 b} Are largely borne by consumers of the goods and services that cause the pollution, even when they are "paid for" by co...