Quiz1

Environmental economics deals with

• Economic development

• Conservation of environment

• Allocation of resources

• 1 and 2

Environmental Economics is a branch of

• Wealth Economics

• Scarcity Economics

• Welfare Economics

• Development Economics

Any potentially harmful substance that humans add to an ecosystem

• a dung pile

• a pollutant

• is always a carcinogen

• is an inorganic substance.

“Oikos” means

• Habitations

• Study

• Ecology

• Organisation

Which of the following pollution control policy instruments are marked based?

• Pollution taxes and tradable pollution permits

• Technology-based regulations and emission standards

• Pollution taxes and emission standards

• Emission standards and tradable pollution permits

Which of the following pollution levels is the optimal level of pollution according to economists?

• Pollution according to the equimarginal principle

• Unregulated market outcome

• When the marginal damage of pollution is smaller than the marginal benefits

• Zero pollution

Global Climate Change - Which of the following measures is an example of an adaptive strategy?

• Building dikes

• Planting more trees

• Using backstop energy technologies

• Implementing a carbon tax to reduce emissions

Which of the following is “Biotic Community”?

• Scavenging

• Symbiosis

• Competition

• All of these

Vilfredo Pareto belongs which country?

• America

• England

• Italy

• France

The special feature of common property resource is

• Unique

• Exclusive

• Non-rivalry

• Abundance