ENVS 1000 Quiz #3 Questions And Answers With Verified Solutions
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Course
ENVS 1000
Institution
ENVS 1000
ENVS 1000 Quiz #3 Questions And Answers With Verified Solutions
When a manufacturing company develops technologies to turn waste into raw material to make new products, it is called:
a) an open-loop system
b) a sustainable strategy
c) a triple bottom line
d) a closed-loop system
e) an ecosy...
ENVS 1000 Quiz #3 Questions And Answers With
Verified Solutions
When a manufacturing company develops technologies to turn waste into raw material to make new products, it is
called:
a) an open-loop system
b) a sustainable strategy
c) a triple bottom line
d) a closed-loop system
e) an ecosystem service ANS d) a closed-loop system
According to the IPAT model, what is expected when affluence increases?
a) Population growth rate will decline.
b) Any increases in affluence will not impact the environment.
c) The impact of humans on the environment will decrease.
d) The impact of humans on the environment will increase.
e) Population growth rate will increase. ANS d) The impact of humans on the environment will increase.
What is a reason for the "economy against environment" divide?
a) The difference in salary between environmental watchdogs and corporate CEOs.
b) Industrialization and urbanization have strengthens the connections between our economies, and our natural
environment.
c) Frequently environmental policies force choices because they add more costs for industry and infringe on the
rights of private citizens.
d) Environmentalists often try to limit the economy to protect species that most people have not heard about.
e) Economic ideologies where business leaders are usually conservatives and environmental advocates are liberals.
ANS c) Frequently environmental policies force choices because they add more costs for industry and infringe
on the rights of private citizens.
Which of the following would be part of an environmental economist's agenda?
, a) to maximize the size of the ecological footprint associated with a product or service
b) to emphasize a linear, product-oriented economic system
c) to price the product of a service such that costs associated with manufacturing, labour, and utilities are
accounted for, but costs associated with pollution and resource depletion are not
d) to discount future value of ecosystem goods and services
e) to consider the long-term impact of our consumption choices on human society and the environment ANS e)
to consider the long-term impact of our consumption choices on human society and the environment
Which of the following terms includes manufacturing costs, labor, taxes, utilities, insurance, and rent?
a) true costs
b) external costs
c) internal costs
d) total costs
e) potential costs ANS c) internal costs
Today, if we were to purchase goods or services at their true cost, how would the price compare to what we are
accustomed to paying for such goods or services?
a) The price would stay the same.
b) The price would be lower.
c) We cannot predict how the price would change.
d) The price would be higher.
e) The price would decrease exponentially. ANS d) The price would be higher.
A subsistence economy is one that ________.
a) meets the needs of a society in spite of causing ecosystem destruction
b) purchases goods and services from other economies
c) meets the society's needs through agriculture without having to purchase additional products
d) meets the food requirements of a society by overfishing lakes and rivers to supplement farming
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