If all consumers became vegetarians, what impacts would this have on the meat industry and animal population?

Q: How should individuals in society respond to government-imposed vaccinations?

A: Vaccination is a very important procedure as it attests human body to help the immune system to…

Q: Explain key ideas of ecological economics.

A: Ecological Economics: The concept- Ecological economics shows how economics is implanted in the…

Q: How does Offshore Oil Drilling affect the environment of Belize?

A:

Q: What are the effects of government intervention in the market?

A: Government intervention in the market is very necessary as it leads to efficiency in the market…

Q: The speed limit on Singapore roads, even expressways, never exceeds 90 kmh, much less than the top…

A:

Q: Which externality is the most threatening when it comes to pig farming?

A: An externality is an act where the third party gets affected by the transaction (production or…

Q: how has the pandemic affected the supply and demand of agriculture products?  describe briefly

A: The COVID-19 pandemic is a world health emergency that is already wreaking havoc on the world's…

Q: How would the owner respond to the negative externality caused by smokers?

A: Extranlity is defined as an external effect on others when one consumes or produces something.

Q: What public policy approach would be most reasonable to protect consumers from harmful products? How…

A: Case summary- A  great responsibility is carried by manufacturers in producing goods that do not…

Q: The chart above shows the market for polio vaccine in Pakistan. This vaccine provides external…

A: a. If there is a competitive market and no government intervention, then the amount will be…

Q: What are the economic benefits of the United States conservation biology policy?

A: Maintaining biodiversity is important for organic waste management, fertile soil formation, crop and…

Q: Are businesses in your country taking steps to achieve environmental sustainability? What are the…

A: Environmental sustainability is using the natural resources of the planet responsibly so as to avoid…

Q: How does global demand for fish affect marine natural resource economics? Please give a reference.

A: The global demand for fish occurs when people demand fish all over the world. Its demand is…

Q: What strategies distinguish the different types of foodretailers?

A: Retailers refer to the individuals, or business units that sells goods to the public in small…

Q: Discuss the small scale agricultural strategies that can address food and nutrition insecurity

A: The adoption of the small scale agriculture strategies, include the agricultural practices and now…

Q: New environmental regulation increases the cost of producing gasoline. How will this affect the…

A: Environmental regulations can raise production expenses and lower efficiency by expecting firms to…

Q: what is the potential opportunity cost of the Federal government unsing tax revenue to purchase…

A: Opportunity cost: - opportunity cost is a forgone benefit which we could have earned by applying all…

Q: Genetically modified crops (like soya and corn) have been developed in the US and are being exported…

A: Genetically modified (GM) food varieties are food varieties got from creatures whose hereditary…

Q: Which of the following is an example of Ecological value?

A: Ecological value is related to nature and environment.

Q: Since humans have two kidneys, you could sell a kidney and still live a long, healthy life. Given…

A: It depends on individuals,whether they will want to sell their kidneys or not. Some humans require…

Q: What are public goods? How may they be reflected in house prices?

A: Public goods are non-excludable and non-rivalrous. Public goods are goods that can be consumed by…

Q: Give at least 3 of the factors that affect food security?

A: Food security is made public as physical and economic access to adequate food to satisfy the dietary…

Q: How might price controls on gasoline lead to human fatalities in an area where there is an oncoming…

A: Price control in an area leads to a problem such as shortage, rationing, deterioration of product…

Q: Is zero pollution an optimal goal? Why or why not?

A: An optimal goal is one that provides a positive outcome or a goal is said to be optimal when the…

Q: A country is currently creating40 million tons of toxic waste per year. The table below shows the…

A: All forms of unwanted materials example television or phone disposed contain harmful chemicals and…

Q: How the market forces (Demand and Supply) are applicable for environmental science?

A: We are going to use a few economics concepts in a context of environmental science to answer this…

Q: Why do councils keep stocks of salt?

A: Goods are stocked to use them in the future when demand is high.

Q: Mary is planning to travel to a country where there is some risk of contracting malaria. The market…

A: A. If the insurance covered the full cost of its treatment, then the maximum amount that it would be…

Q: What are the disadvantages of petrol subsidies?

A: Subsidy is a defined as the form of Government help which is provided to lower down the price of…

Q: What are three reasons that a government might want to intervene in markets?

A: Government interference is government legislative action that aims to alter the decisions taken…

Q: What happens in the market for a good that pollutes the air when it is manufactured if government…

A: A negative externality / external cost is a type of spillover which imposes a cost on the third…

Q: Identify at least one positive and negative externality from running a hamburger shop.  What is one…

A: Externalities means a situation where production or consumption of a good by a person effects other…

Q: What makes ecological agriculture an interesting topic?

A: As economies and societies developed, the study of economics got more complicated. Hence, as a…

Q: Define Encouraging or discouraging consumption

A: Encouraging consumption can be defined as boosting the consumption or demand of the consumers by…

Q: Why does government intervention become necessary in the situation of market failure?

A: Market failure is an economic situation wherein the goods and services in an economy cannot be…

Q: why environmentalists consider economics as enemy of the environment?

A: Economics refers to the subject where allocation and distribution of scarce resources of the economy…

Q: What might happen to alligators in the south if the U.S. Fish and Wildlife Service were to reduce or…

A: If the government reduces or eliminates the tags required to hunt alligators then engine can hunt it…

Q: How does marine conservation differ from other environmental issues?

A: The marine conservation is characterised by the presence of salt water . It is the largest…

Q: How would you distinguish between consumerism and environmentalism in terms of scope and influence?

A: Consumerism is associate organized movement of people and government agencies, to boost the rights…

Q: What happens in the market for a good that pollutes the air when it is manufactured if government…

A: When the government imposes tax on consumer during the purchase of goods, then it leads to increase…

Q: How does poor air quality derived from pig farming affect the agriculture industry in any location?

A: Because pig farming generates poor air quality,it spreads into environment and causes harm to…