A cost-benefit analysis is a(n)

comparison between what is sacrificed and gained by a specific action.

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.

Tragedy of the Commons is when ecosystems are _____.

depleted because no one person owns them or cares for them

people share the resource they use in common

people band together to share resources

One way for the government to help people choose to pollute less is _____.

Add monetary incentives for using wind or solar power

Developing fines for people who dont recycle

limit the number of cars one person can own

One way government can motivate industries who are trying to cut pollution is _____.

help them develop new technologies that cut pollution

have expensive fines for polluting

close down factories that pollute

help them ship their factory overseas

Which of the following quotes seems to be taken directly from the tragedy of the commons (Nature 1968)?

'The rationale herdsman concludes that the only sensible course for him to pursue is to add another animal to his herd. And another, and another...Therein is the tragedy"

"Among the savage nations of hunters and fishers, every individual who is able to work is more or less employed in useful labor, and endeavors to provide....the necessaries and conveniences of life, for himself, and such of his family or tribe"

"There is one and only one social responsibility of business - to use its resources and engage in activities designed to increase its profits so long as it...engages in open and free competition without deception or fraud"

"There's no cause for alarm. I chopped down one tree. I am doing no harm. This thing is a thneed ...that everyone needs"

Which of the following is an example of a solution to the tragedy of the commons?

Passing laws to prevent overharvesting

Improving literacy among urban populations

Raising taxes for large corporations

The tragedy of the commons can be prevented by

establishing loose laws of enforcement

establishing lack of management

establishing more freedom of choice

What can be done to solve problems related to the tragedy of the commons?

Regulations, restrictions and quotas

A negative externality results due to firms

not paying the full cost of production.

firms internalizing production costs.

firms not realizing they are polluting.

It is a tool to anticipate the likely environmental impacts that may arise out of the proposed developmental activities and suggest mitigation measures and strategies. TYPE ANSWER IN ALL CAPS

ENVIRONMENTAL IMPACT ASSESSMENT

What is an Environmental Management System?

A voluntary instrument that allows managing the environmental aspects of the company in a systematic and planned way.

A mandatory instrument that allows managing the economic aspects of the company in a systematic and planned way.

A mandatory instrument that allows managing the environmental aspects of the company in a systematic and planned way.

A voluntary instrument that allows managing the economic aspects of the company in a systematic and planned way.

To implement an EMS it is important to:

Establish and maintain communication with both internal and external stakeholders.

Establish and maintain communication only with internal stakeholders.

Provide the minimum resources to partially achieve established goals.

Encourage customers to implement an EMS.

What action is part of the "Plan" step?

Identify and evaluate the environmental aspects

Track and measure the environmental impacts

Redefine goals and modify the documentation

What action is part of the "Act" step?

Redefine goals and modify the documentation

Identify and evaluate the environmental aspects

Establish specific goals and milestones

Which bureau in DENR issues the Environmental Compliance certificate and provides research and laboratory services?

Environmental Management Bureau

Environmental Science - Quiz 3

Authored by Tricia Superio

Science

9th - 12th Grade

NGSS covered

Used 7+ times

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MULTIPLE CHOICE QUESTION

1 min • 1 pt

Ecology deals with the household of nature while economics deals with the _____.

household of goods

household of service

household of man

all of the above

Which of the following is an example of common resource?

a fireworks display

a national defense

iron ore

a national park

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Tragedy of the Commons is a theory put forth by _____.

Garret Hardin

Adam Smith

W.C. Clark

C. Darwin

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the "Tragedy of the Commons"?

It results from an inherent tension between collective and individual responsibility

It can always be resolved through privatization and nationalization of the commons

It is independent of the carrying capacity of the commons

All of the above

Common property

Is owned by specific people

Is inexhaustible

Refers strictly to lands resources

Refers to goods owned by society at large and freely used by anyone

MULTIPLE CHOICE QUESTION

1 min • 1 pt

For a project to qualify on cost-benefit grounds _____

benefits must exceed costs

cost must exceed benefits

benefits equal exceed costs

costs must at least exceed benefits

Why is discounting important in cost-benefit models?

People care about the present more & prefer to receive benefits earlier.

People care about the present more & prefer to receive benefits later.

People care less about the present & prefer to receive benefits later.

People care more about the future and prefer to receive later.

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Environmental Science - Quiz 3

Ecology deals with the household of nature while economics deals with the _____.

Which of the following is an example of common resource?

The Tragedy of the Commons is a theory put forth by _____.

What is the "Tragedy of the Commons"?

Common property

For a project to qualify on cost-benefit grounds _____

Why is discounting important in cost-benefit models?

A cost-benefit analysis is a(n)

A protective layer of atmosphere surrounding the Earth.

In making environmental policies, government interacts with ______.

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