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AEDE 4310 Midterm 2 study guide Questions With Complete Solutions
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AEDE 4310 Midterm 2 study guide Questions With Complete Solutions
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AEDE 4310 Midterm 2 study guide Questions WithComplete Solutions
bid rent curves Correct Answer We can use bid-rent curves to
describe the process by which land prices and and land use are
determined. They represent the amount of money (bid) an
individual or firm is willing to pay to be located in a specific
location.
bioecomomics Correct Answer merging of biology and
economics
biophysical factor Correct Answer natural capacity or pre
existing environmental condition that influences land use change
block pricing Correct Answer -uniform rate structure
-declining block rate structure
-inverted block rate structure
-seasonal rate structure
carrying capacity Correct Answer natural ability of the
environment to maintain a population
concession agreements Correct Answer define the terms under
which public forests can be harvested
critical depensation Correct Answer critical minimum
population that must be maintained for survival
definitions of sustainability covered in class Correct Answer
There are no concrete definition or metric by which we measure
, something sustainable or not therefore it is up to individual
interpretation however, we may be able to agree on overall ideas
Encompasses environmental friendliness, human well-being,
land use change or lack thereof.
Underlying theme is that each generation should have access to
at least the same resources based as the previous generation.
Measured by:
Physical quantity of natural resources
Total economic value of resource stocks
Unit value of resource/services - price
Total value of resource/ service flows through time.
World commission on environment and development 1987 =
paths of human progress which meet the needs and aspirations
of the present generation without compromising the ability of
future generations to meet their needs.
Costanza et all 1991 = a relationship between human economic
systems and larger dynamic but normally slower-changing
ecological systems in which
Human life can continue indefinitely
Humans flourish
Human culture can develop and the ecological life support
system is not destroyed.
desalination Correct Answer This is when ocean water is
transformed into fresh water by removing salts and other
additives.
-Reverse osmosis: pumping seawater at high pressure through
permeable membranes.
-significantly reduced price of desalinated water due to
technological advances in reverse osmosis,
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