Pls select the correct option for all questions, explanations in 4-5 sentences are ok. According to the protection of forest as a public goods model, the marketQuestion 1 options:provides "too little protectionprovides "too much" protectionprovides the socially optimal level of forest protectionnone of these are correctAccording to the protection of forest as a public goods model,Question 2 options:all of theseintervention is required to correct for market failurethe benefits from protected trees accrue to multiple individualsan individual can free ride on the contribution of othersThe environmental Kuznets curve accurately describes the relationship between income per capitaand all major environmental issues.Question 3 options:True. The curve is supported by empirical evidence for all major pollutants andenvironmental issues.False. The curve is supported by empirical evidence for some pollutants or environmentalissues but not others.None of these are correct.False. The curve is not supported by empirical evidence for any pollutants or environmentalissues.

1. According to the protection of forest as a public good model. The market:

According to the protection of forest as a public goods model, the market Question 1 options: provides too little" protection provides "too much" protection provides the socially optimal level of forest protection none of these are correct According to the protection of forest as a public goods model, Question 2 options: all of these intervention is required to correct for market failure the benefits from protected trees accrue to multiole individuals an individual can free ride on the contribution of others The environmental Kuznets curve accurately describes the relationship between income per capita and all major environmental issues. Question 3 ootions: True. The curve is supcorted by empirical evidence for all major pollutants and environmental issues. False. The curve is supported by empirical evidence for some pollutants or environmental issues but not others. None of these are correct. False. The curve is not supported by empirical evidence for any pollutants or environmental issues.

According to the protection of forest as a public goods model, the market Question 1 options: provides too little" protection provides "too much" protection provides the socially optimal level of forest protection none of these are correct According to the protection of forest as a public goods model, Question 2 options: all of these intervention is required to correct for market failure the benefits from protected trees accrue to multiole individuals an individual can free ride on the contribution of others The environmental Kuznets curve accurately describes the relationship between income per capita and all major environmental issues. Question 3 ootions: True. The curve is supcorted by empirical evidence for all major pollutants and environmental issues. False. The curve is supported by empirical evidence for some pollutants or environmental issues but not others. None of these are correct. False. The curve is not supported by empirical evidence for any pollutants or environmental issues.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter10: Externalities

Section: Chapter Questions

Problem 2PA

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