Exploring Economics
8th Edition
ISBN: 9781544336329
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Question
Chapter 1, Problem 9P
To determine
The kind of statement (normative/ positive or both) it is-a nation as rich as United States should have no pollution-and the reason it is so. Whether it can help us make decisions on nation air quality standards. Also, the description of two positive statements that might be useful in determining air quality standards.
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Students have asked these similar questions
Q.No.1: What do you know about environment? How we can keep its ambient quality at sustainable level for our future generations?
Imagine you are working as a climate advisor to the federal government and they want to craft a bill to drastically reduce methane emissions in America. Which of the following policies would you recommend to them as the most effective in reducing methane?
a.
federal and state funding being directed to the western states for large scale forest management and fire prevention
b.
incentive programs to reduce meat production and consumption, while additionally subsidizing alternative diet options
c.
a nationwide waste management program focused on composting organic material to divert waste from landfills
d.
incentivizing solar panels to allow for affordable renewable energy that is competitive with market pricing for energy]
please help me with the questions below:
Explain why it is difficult to estimate the value people place on environmental goods, thebenefits they receive from cleaner air and other services of nature.
How might you calculate WTP or MWTP for an environmental good?
Distinguish between use and non-use value.
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