1. Provide three reasons why it is important for environmental economists to adhere to a code of ethics, whether the code of ethics is formal (documented and sanctioned by an established group) or informal (simply a matter of thinking about what is right, possible spillover effects, and what advice would be appropriate)           2. Explain how environmental justice is related to decisions that governments make about how we use and/or protect environmental resources.

Q: Please provide correct answer in detail... Provide three reasons why it is important for…

A: Ethics can be maintained by implementing the process in a most simplified manner and when decisions…

Q: Explain the factors affecting Demand.

A: "Since you have asked multiple questions, we will answer only first question for you. If you have…

Q: A)  Using demand and supply diagram, describe and discuss positive externality in production of a…

A: Prices in efficient markets represent all available information about a certain stock or industry at…

Q: Which of the following would be considered an environmental obstacle to good performance? Select an…

A: Employers are always concerned about the performance of their workers and employees. This is because…

Q: A well-implemented environmental policy should  Question 1Answer a. provide opportunities for…

A: A well-implemented environmental policy is a set of guidelines and regulations that are effectively…

Q: The most efficient way to get firms to reduce pollution is to A set a uniform emissions standard and…

A: Pollution, especially from industrial processes, is a major environmental concern.Governments and…

Q: Do environmental issues require public intervention in the private marketplace? Distinguish among…

A: Environmental issues have to be addressed through public intervention even if it is taking place in…

Q: How do environmental challenges pose a threat to fashion industry and to the country where it…

A: This behavior has a tremendous environmental impact: the clothing and textile business depletes…

Q: please answer the following questions. 1. Define positive and negative externalities. List 3…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What assumptions do economists make? Why does each assumption matter in environmental economics?

A: Economics: It is related to the production, distribution, and consumption of goods and services.

Q: 1. a) What resources are important to Nova Scotia? 1. b) Why are these resources so important?…

A: 1.a) Coal is one major natural resource in Nova Scotia just as Oil, Natural gas, and the Fishing…

Q: Consider the main approaches to environmental policy— lawsuits, command-and-control laws and…

A: Any measures being taken by the government or any other private organization with respect to the…

Q: generated in a good production process, the main issue will be:   a.     That consumers will be…

A: Externality is a situation when the third party is affected by the production or consumption of a…

Q: identify and discuss 2 positive effects of ethics and morality to a  person of each of the following…

A: While ethics and morality are closely linked ideas, morals refers to general guidelines, whereas…

Q: A) Using demand and supply diagram, describe and discuss positive externality in production of a…

A: Positive externality of production refers to a case where the third party enjoys the spillover…

Q: What missing elements would need to be supplied to create an efficient market in water in…

A: To create an efficient market in water in California, several missing elements would need to be…

Q: Many people struggle with the idea that economics has any place in a discussion of relevant…

A: Introduction: Natural resource management is that the administration of natural resources like land,…

Q: What is the name for each of the following classes of goods, and provide two examples for each.…

A: There are four different types of goods : Private goods, public goods, club goods and common goods.

Q: Concepts illustrated in the Tragedy of Commons that we need to recognize include undersanding…

A: Tragedy of commons refers to depletion of public resources by an individual interest.The over usage…

Q: When performing a benefit cost analysis of different options to provide clean water to a community,…

A: Benefit/Cost (B/C) Analysis is characterized as a deliberate interaction for working out and looking…

Q: The following figure (Figure 10.4 on your textbook) shows the present value of 1 dollar of climate…

A: Answer -

Q: What are economists most concerned with when determining the desirability of pollution abatement…

A:

Q: 1. If you were to graph a measure of pollution on one axis and a level of economic activity (such as…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: (a) Does this problem appear in the market for public, private, common-pool or club goods? (b) Is…

A: Free-rider problem: The free rider issue is the weight on a common asset made by its utilization or…

Q: Our very existence makes environmental problems inevitable. Environmental problems are not new.…

A: Externality is the negative or positive spillover by the consumer or producer which affects the…

Q: 5) Suppose that an international agreement requires exporters to reduce their carbon emissions. In…

A: Ans. a) The climate crisis is one of the major issues that humanity is facing today, the global…

Q: Free-market environmentalism has the potential to improve environmental outcomes     A.…

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods…

Q: what are some proms and cons of being an environmental economist

A: We know that Environmental economists supervise economic analysis which is linked to environmental…

Q: Explain the meaning and importance of studying environmental policy?

A: To find : Importance of studying environmental policy.

Q: a) Examine how the values of natural resources influence their management

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Use the model of environmental pollution to model the following changes in a polluting industry to:…

A: Environment pollution: It refers to the bad surroundings that cover our nature due to which the…

Q: a) Street lighting is often described as a 'public good'. In terms of economics, what does the term…

A: In a broad division, goods are categorised as :- (1) Public goods (2) Private goods

Q: Externalities Do you think that there would be external effects associated with Water from a…

A: A sense of belonging to a community and making a contribution to society is referred to as social…

Q: Which of the following is not considered a strength of the environmental economics approach?

A: Environmental economics is a subdiscipline of economics that applies the values and tools of…

Q: Which of the following phenomena is NOT an example of market failure? a. A positive externality. b.…

A: In an economy, market failure refers to the Ayia whe any of the trading party will get unfair share…

Q: What missing elements would need to be supplied to create an efficient market in water in…

A: An efficient market is a concept in economics where prices for products and assets represent all…

Q: Fish in the deep sea are being fished to the point of extinction, yet fish in privately owned fish…

A: The objective of the question is to understand the economic reasoning behind the difference in…

Q: Why might a wetland ecologist scoff at an economist when the economist claims to have come up with a…

A: The benefit-cost analysis is the systematic process that measures the total benefits the project…

Q: PERFORMANCE TASK NO. 1 Defining PESTLE You have learned how different environmental factors can…

A: A PESTLE analysis is a technique for getting a broad picture of an industry's environment.

Q: Describe one type of negative market externality with a forest as it relates to climate change.…

A: a) Environmental or forest related externalities, such as natural resources or public health, are…

Q: 25. Solutions for information asymmetries include all of the following except: B) Pigouvian taxes.…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: Which of the following is a competitive benefit experienced by the first mover firm in an industry?…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: V. The EPA did a retrospective benefit-cost analysis of the 1970 Clean Air Act for the period 1970-…

A: The research and analysis of the interaction between economic activity and ecological health is…

Q: 5. Candace was eating French fries and talking on the phone as she sped through traffic on the way…

A: Here, the given situation explains the careless behavior of Candance at the road due to which she…

Q: xplain what might be the reasons for the implementation of such an activist policy. (Answer this…

A: Sustainable Consumption and production is a comprehensive solution to reducing the negative…

Q: Individuals go for flu injection not only protect  themselves against flu but also help to prevent…

A: The vaccines that tend to provide protection against infection by viruses of influenza are known as…