Environmental Economics

A study of how people make decisions about resources by weighing costs and benefits

• Environmenal Science
• Economics
• Chemistry
• Physiology 

Tags

NGSS.HS-ESS3-2

NGSS.HS-ETS1-1

NGSS.HS-ETS1-3

Many groups try to influence government policies through

• Crying
• Preaching
• Lobbying
• Doing Nothing

A law that prohibits dumping wastes into the ocean and punishes people who dump wastes demonstrates which approach to environmental policy?

• green tax
• command-and-control
• cap-and-trade
• subsidy

Tags

NGSS.HS-LS2-7

A power company is given free land by the government to reduce the cost of providing wind-generated electricity to rural residents. This is an example of a

• command and control approach
• cap and trade system
• subsidy
• green tax

Tags

NGSS.HS-ESS3-2

NGSS.HS-ETS1-3

The amount of a product offered for sale at a given price is

• benefit
• cost
• demand
• supply

When demand for a product is low, the producer will

• raise price and drop supply
• raise price and supply
• drop price and raise supply
• drop price and supply

What major entity of the U.S. government has the chief responsibility for overseeing environmental regulations?

• Environmental Impact Statement
• Environmental Protection Agency
• National Park Service
• Supreme Court

Sometimes, a company that generates pollution will pay extra taxes, based on the amount of pollution it produces. These are known as

• green taxes
• command and control taxes
• subsidy taxes
• cap and trade taxes

Tags

NGSS.HS-LS2-7

A cost-benefit analysis is a(n)

• study of the factors that influence that influence decisions of buyers and sellers.
• economy in which the government decides what is made.
• equilibrium between a product's supply and its demand.
• comparison between what is sacrificed and gained by a specific action.

Tags

NGSS.HS-ESS3-2

In making environmental policies, government interacts with

• organizations
• businesses
• citizens
• all of the above

Tags

NGSS.HS-ETS1-1