Are the two comments below equivalent? Do you agree with the ideas conveyed by these comments? Explain.

Question:

(a) Putting real economic value on components of nature will help protect the environment and promote biodiversity. (Hint: notice the emphasis on components. )

(b) The reason we are losing natural capital is because it is free.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Environmental Economics And Sustainability

ISBN: 9780415676915

3rd Edition

Authors: Ahmed Hussen

See More Books

Question Posted: Feb 16, 2024 02:00 AM

See More Questions

: (i) What data structures are maintained by the page manager. (ii) What happens when a machine performs a read operation to a page. (iii) What happens when a machine performs a write operation to a...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Suppose you have agreed to take a short-term loan amounting of $2,000,000 from your banker. The loan tenure begins on 3 months from today and the financing rate is based on 6-month LIBOR. However,...
To Buy or Not to Buy? Thomas from Michigan decided to replace the two front tires on his truck because winter was approaching and they were beginning to look worn. He suspected that the tires...
The Evanston plant of Fit - for - Life Foods Corporation produces low - fat salad dressing. The following data pertain to the year just ended. \ table [ [ , Units, \ table [ [ Direct Material ] , [ (...
There were 970 movies made in Hollywood between 2007 and 2013. Suppose that, for a documentary about Hollywood film crews, a random sample of 5 of these movies will be selected for in-depth...
Gourmet Helper Appliance Company manufactures home kitchen appliances. The manufacturing process includes stamping, final assembly, testing, and shipping. In the stamping operation, a number of...
John estimated the following cash flows (in $) for a project: A B 1 Year Cash flow 2 0 -5,700 3 1 1,325 4 2 2,148 5 3 3,528 The required return for the project is 8%. What is the IRR for the project?
How would you respond to a skeptic who asked the following question: Should we put a dollar value on nature?
With respect to the contingent valuation method, explain why is hypothetical bias a more serious problem than strategic bias?
This standard library function returns a random integer within a specified range of values. a. Random b. Randint c. Random_integer d. Uniform
Differentiate: y dy dx II In(x) x3
Estimate the limits 103. 104. 2x+7x-4 lim x 2 x + x 2 - 106. 2x+7x-4 lim x 2+ x+x-2 2x+7x-4 x 1- x+x-2 105. lim 2x+7x-4 lim x 1+ x+x2
QUESTION 1 The Tables below correspond with questions #1-3. These tables represent the Production Possibilities of two different countries, Country X and Country Y. Both countries produce wheat and...
4. Consider the following version of nth price auction, n 1. There are n+1 or more bidders, and an house to be sold. Bidder i's valuation for the house is vi > 0, and valuations are common knowledge...
The cost of a raw material increases according to the equation f(x) = 125 + 2x. The rate at which the cost is increasing is given by f(x+h)- f(x) h Calculate this limit. lim h0
Recently, the annual inflation rate measured by the Consumer Price Index (CPI) was forecast to be 3.3%. How could a T-bill have had a negative real rate of return over the same period? How could it...
Use a calculator to evaluate the expression. Round your result to the nearest thousandth. V (32 + #)
Provide a brief discussion on the validity of the following statements: - The fact Malthus' theory has not materialized yet does not mean it is proven wrong or discredited. - Technological fixes...
As discussed in Section 10.3, in terms of public policy neo-Malthusians would advocate for population control, adjustment of per capita consumption to a level considered to be environmentally...
Section 10.3 of the textbook presented what is considered to be the generalized theoretical model of the neo-Malthusian school on the causes for the continued deterioration of the environment. This...
What design principles should be used to create an effective product or service?
. Two cyclists, A and B, are cycling along the same straight horizontal track. The cyclists are modelled as particles and the motion of the cyclists is modelled as follows: At time = 0, cyclist A...
Discus the step a firm souls before investing I Information technology tool s and the consideration such a firm should make when selecting it tools?

Are the two comments below equivalent? Do you agree with the ideas conveyed by these comments? Explain.

Question:

Step by Step Answer:

The two comments express related but slightly different ideas in the context of environmental econom...View the full answer

Principles Of Environmental Economics And Sustainability

Students also viewed these Business questions