False. ) If a policy passes a benefit-cost analysis, it should always be impleme
ID: 1116033 • Letter: F
Question
False. ) If a policy passes a benefit-cost analysis, it should always be implemented. a. True. b. False. Existence value refers to an individual's willingness to pay for the ability to use a resource (or environmental service) in the future a. True b. False National ambient air quality standards (NAAQS) are defined by U.s. Congress under the regulatory authority of the Clean Air Act. a. True. b. False. Marginal abatement costs will typically decrease with the level of pollution abatement. a. True. b. False. Groundwater resources governed by the rule of capture will be efficiently managed. a. True. b. False. Production function relationships for specific crops can help determine the value water alloca to agriculture. a. True.
Explanation / Answer
True, If the policy passes the cost-benefit test, relative to alternatives, it should be enacted.
False, existence value measured by the willingness to pay to ensure that a resource continues to exist in the absence of any interest in future use.
False, marginal abatement costs will typically increase with the level of pollution abatement
False, capture of rule is unable to manage groundwater resources efficiently.
True, crop-water production function evaluates the relationships between seasonal water use and crop yield to evaluate optimal irrigation depth and potential of deficit and supplemental irrigation in agriculture
is measured by the willingness to pay to ensure that a resource continues to exist in the absence of any interest in future use.
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