According to the economist Fred Hirsch, a “positional good” is a good or commodity:
a) that places you in a high status position relative to those who don’t possess it.
b) that is desirable because of short supply or limited access.
c) that is desirable because it has a high price tag.
d) all of the above.
d) all of the above.
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A town on the ocean has beautiful beaches that generate considerable tourist income. The effect of ocean currents and storms has reduced the width of the beach near the town center, and the government is considering several mitigation ideas. Which action would be the LEAST appropriate response??
a. ?Build picnic structures and parking at other beaches up and down the shore. b. ?Give tax breaks to companies that develop tourist activities that do not depend on the beach. c. ?Make a small increase in the hotel tax and use the money to dredge sand from offshore and build the central beach back up. d. ?Build a large rock jetty that blocks the currents around the central beach. e. ?Erect a pavilion beside the central beach to host music festivals and public events.
It appears that, as the number of sunspots increases, the sun's total energy output ____
A) increases slightly B) decreases slightly C) begins to alternately increase and decrease above average values D) does not change
The ________ is the idea or concept that ancient life forms succeeded each other in a definite, evolutionary pattern and that the contained assemblage of fossils can determine geologic ages of strata
A) law of fossil regression B) law of correlative indexing C) principle of cross correlation D) principle of fossil succession
________ is the process in which hydrocarbons with higher boiling points could be broken down into lower boiling hydrocarbons by exposing them to very high temperatures.
Fill in the blank(s) with the appropriate word(s).