Economics Questions
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The willingness to pay for an environmental resource to exist in the absence of any interest in future use.
Which of the following is NOT considered surface water?
The cost per unit of consumption changes with time periods
According to the US Global Change Research Program, the earth's temperature is increasing, which has been driven primarily by:
For environmental issues, scientific uncertainty (risk) should be included in the feasibility analysis.
The cost per unit of consumption decreases with additional units of consumption
Suppose you are asked to participate in a survey. The questions in the survey ask you to report the amount of money you spent on different technologies to improve household water quality (such as filters and softeners). What method is most likely being used by the researcher?
Overuse of a lake causes water levels to decrease to the point where the lake cannot be used and it must be shut-down, which leads to increased water levels
All of the following are reasons why capitalism (the free market system) doesn't always result in the most efficient solution concerning environmental challenges EXCEPT:
Community park governed by a homeowners association
Gives certain uses the highest priority for allocation during shortage regardless of the marginal net benefit.
For property owners adjacent to agricultural production not abiding by herbicide application rules, herbicide drift would be considered a:
The current value of a stream of benefits/costs received over time
Increased aphid population on crops (pest that destroys crops) increases the ladybug population (beneficial that eats aphids), which decreases the aphid population
A________ is a worker organization that bargains with employers over wages and working conditions that usually results in workers earning ______________.
Underwater welders are known to have high wages and work on average a fraction of a 40 hour work week. Which of the following would push the wages for underwater welders higher?
Which of the following explains differences in wages as a result of different levels of educational attainment?
NBA basketball players get paid better than developmental league basketball players because of
All of the following concepts rely on the assumption of equilibrium in the labor market except
On average, skyscraper window washers earn more than window washers for lower buildings. The difference in pay can be attributed to