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Q: What is the significance of natural resources to the country’s economy?
A: * ANSWER :- Introduction :-
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A: Non-renewable natural resources are the resources that are found in the ground. These resources are…
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A: Property rights refers to the socially constructed theory in economics to monitor or determine how a…
Q: 7. When there is one scarce resource, the product that should be produced first is the product with…
A: Scarce resource is the one that has a very limited amount of quantity available to use for…
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Q: Which of the following is a land resource? A farmer An oil-drilling rig A…
A: The factors of production are those resources which are used to produce commodities and services.
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Q: why industry is essential to economy and stakeholders?
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A: The environment means our surrounding which include our physical, biological ,psychological and…
Q: Name and describe two key contributions that the natural environment makes to our economies.
A: Meaning of Economics: The term economics refers to the situation under which there remain…
Q: What are the importance of sustainability in satisfying our needs and wants? Give specific examples…
A: Sustainability is a notion in product, commodities, and service development that entails fulfilling…
Q: Discuss urban ecology and the pursuit of sustainable cities
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Q: How ecological footprint calculation will help in natural resource management
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Q: a) Examine how the values of natural resources influence their management
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A: The arrangement of rights where a group of users of a resource tends to share duties and rights…
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A: An economic problem is any issue in the economy that involves the creation of products and services…
Q: Name two examples of renewable natural resources
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Q: Discuss the case of property rights.
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A: The practise of raising cattle and plants is known as agriculture. The invention of agriculture,…
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Q: Answer The Following : What are Factors affecting the demand and supply of natural resources? what…
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Q: b) Provide information about how coastal fishing are obtained (ie: mined, refined, cut, etc)|
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Q: How can we measure production related benefits of reducing pollution or environmental improvement?
A: Reducing the pollution is very much important for the environmental improvement and have better…
Q: I. Managing Scarcity: Fill-up and complete the table below. The first number is given as your guide.…
A: The economics as a study is based upon the basic idea of scarcity. In economics, we see that each…
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A: Economic efficiency implies an economic state in which every resource is optimally allocated to…
Q: Explain the process of environmental analysis before establishing a business.
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A: The environmental Kuznets curve (EKC) is a hypothesized relationship between various indicators of…
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- Define common resources?How to strategise and prioritise within scarce resources?Economics Alberta owns a nature preserve next to a coal mine. The mine produces dust that enters a stream on its land but which later flows through Alberta's land. The dust in the stream does about $20,000 of damage to Alberta's plants per year. The mine can clean up the dust before it reaches the stream for about $12,000 per year. Alberta offers them $15,000 per year to clean up the dust. What economic idea does this scenario exemplify and why?
- Question 17.17. Which of the following is a land resource? A farmer An oil-drilling rig A machine for detecting earthquakes Natural gasDo you think companies are concerned with protecting the environment when they choose to reduce resource use? Explain why they might be. What other reasons might they have for reducing the use of resources?What might happen to the cost of a resource as it becomes scarcer?
- Which one of these resources is a non-renewable natural resource? Select one: a. A Wooden House b. Gold c. A Chainsaw d. Livestock (sheep, cows, etc.) e. PlasticExplain the principal laws of environmentWhat are the components of the environment from the point of view of the decision-making? What do they consist of?