1. Which of the following is a b. a reason for supporting targeted environmental
ID: 1133416 • Letter: 1
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1. Which of the following is a b. a reason for supporting targeted environmental policy? Technology lock in leads to slow development of other superior technology For political reasons, there is higher willingness to invest resources in improving technology to reduce GHG There is higher willingness to place a price of carbon than investing resources in improving technology to reduce GHG None of the Above c. d. 2. Which of the following is a result of hedonic pricing theory and empirical studies? a. Housing prices should be higher for areas with better air quality holding all else equal b. Housing values should reflect differences in pollution levels holding all else equal c. Omitted variable bias and selection problems are typical in cross-sectional analysis d. All of the Above Assume that a local fisheries council imposes an enforceable quota of 100 tons of fish on a particular fishing ground for one year. Assume further that 100 tons per year is the efficient sustained yield. When 100 tons have been caught, the fishery would be closed for the remainder of the year. Is this an efficient solution to the common property problem? a. Yes, because this approach yields the efficient sustainable yield so it is an 3. efficient solution b. No, because this approach only approximates the efficient ustainable yield so it is not an efficient solution Yes, because net benefits are maximized with lower costs c.Explanation / Answer
Sorry dear you have posted too many questions Can answer only 4 parts according to Chegg policy
1 A is right. E. G bio fuel is still used less than its potential 2 All of the above is right. E. G hedonic pricing takes into account environmental attributes
3 A is right
4 b is right. Technology is shift factor for cost curves
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