What is meant by "market failure"?
a. The GDP dips below the GPI.
b. Economists are forced to use contingent valuation rather than rely on direct costs and benefits.
c. The national GDP drops below the level forecast by Wall Street investors.
d. This occurs when markets do not take into account the environment's positive effects on economies (such as ecosystem services) or when they do not reflect the negative impacts of economic activity on people or the environment (external costs).
Answer: d. This occurs when markets do not take into account the environment's positive effects on economies (such as ecosystem services) or when they do not reflect the negative impacts of economic activity on people or the environment (external costs).
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In a battery, the following two oxidation-reduction reactions are taking place: rxn A: Zn ? Zn+2 + 2e- rxn B: 2 NH4+ + 2e- ? 2 NH3 + H2Which reaction is taking place at the cathode?
A. rxn B B. rxn A C. The reaction takes place at the electrode, not the cathode. D. Both reactions are happening at both the anode and cathode. E. Both reactions are happening are happening at the electrode.
In a flower, the sticky structure that helps to trap pollen is known as the
A) stamen. B) anther. C) ovary. D) stigma.
Which of the following is “nature” or “natural” according to Aristotle?
a. A wooden bed made by a human b. A dam made by a beaver c. Hives made by bees d. Fires made by spontaneous combustion
The majority of municipal solid waste generated in the United States is stored in sanitary landfills. What are the advantages and disadvantages of storing waste at these sites?
What will be an ideal response?