Naked Economics there is a narrative about the large number of black rhinos that are killed illegally by poachers each year because of the high demand for their horns for daggers and such objects. This has caused the population of black rhinos to decrease sharply, with the possibility of their extinction. Which of the below is NOT one of the arguments or solutions offered by the author, Charles Wheelan, in this narrative?     As the population of black rhinos decreases, so does the supply of their horns. As demand for their horns continues to be high the reduced supply drives up the price of the horns, creating a further incentive for poachers to kill black rhinos.     An effective conservation strategy must properly align the incentives of the people who live in or near the black rhino's natural habitat.     The author argues that a policy very likely to work to protect endangered species such as the black rhinos and the mountain gorillas in the war-torn regions of East Africa would be to allow the local people to use the rhinos and the gorillas as a tourist attraction and keep a portion of the profit. The lure of a share of the profit would encourage the local people to keep the black rhinos alive. This policy had worked well to protect the mountain gorillas of East Africa- a seriously endangered species made famous by Dian Fossey, the author of Gorillas in the Mist.

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter4: Markets In Action
Section: Chapter Questions
Problem 19SQ
icon
Related questions
Question

In chapter 2 of Naked Economics there is a narrative about the large number of black rhinos that are killed illegally by poachers each year because of the high demand for their horns for daggers and such objects. This has caused the population of black rhinos to decrease sharply, with the possibility of their extinction.

Which of the below is NOT one of the arguments or solutions offered by the author, Charles Wheelan, in this narrative?

 

  As the population of black rhinos decreases, so does the supply of their horns. As demand for their horns continues to be high the reduced supply drives up the price of the horns, creating a further incentive for poachers to kill black rhinos.

 

  An effective conservation strategy must properly align the incentives of the people who live in or near the black rhino's natural habitat.

 

  The author argues that a policy very likely to work to protect endangered species such as the black rhinos and the mountain gorillas in the war-torn regions of East Africa would be to allow the local people to use the rhinos and the gorillas as a tourist attraction and keep a portion of the profit. The lure of a share of the profit would encourage the local people to keep the black rhinos alive. This policy had worked well to protect the mountain gorillas of East Africa- a seriously endangered species made famous by Dian Fossey, the author of Gorillas in the Mist.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
Economics
ISBN:
9781337613057
Author:
Tucker
Publisher:
CENGAGE L
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Macroeconomics: Private and Public Choice (MindTa…
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning