ENVIRONMENTAL SCIENCE 2.1, 2.2, 2.3 TEST QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
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Course
Environmental Science
Institution
Environmental Science
ENVIRONMENTAL SCIENCE 2.1, 2.2, 2.3 TEST QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
Study of how resources are converted into goods and services (includes studying how goods and services are distributed and used? - ANSWER economics
manufactured material and products that consumers and businesses...
ENVIRONMENTAL SCIENCE 2.1, 2.2, 2.3
TEST QUESTIONS AND ANSWERS WITH
SOLUTIONS 2024
Study of how resources are converted into goods and services (includes studying how goods and services
are distributed and used? - ANSWER economics
manufactured material and products that consumers and businesses buy ( backpacks binders tomatoes)
- ANSWER Goods
work that a person or company does for others as a form of business (massage butler storage plumber) -
ANSWER services
Government makes all decisions (e.g socialist and communist governments) - ANSWER Centrally planned
economy
individuals make all decisions - ANSWER Free market economy
Government and individuals are involved - ANSWER Mixed economy
Amount of products offered for sale at a given price - ANSWER supply
amount of a product people will buy at a certain time - ANSWER demand
point when the amount of products produced is equal to the demand for the product - ANSWER
equilibrium
comparison of what will be sacrificed to gain by a specific action - ANSWER cost benefit analysis
what are some examples of cost - ANSWER mileage repairs gas
, what are some examples of benefits - ANSWER warranty insurance good miles per gallon
what is dependent on the exploitation of resources from the natural environment - ANSWER The world
economy
When plants absorb sunlight and release water, they help to moderate the temperature and help
maintain and even climate - ANSWER Modification of climate
plants absorb water from the soil's and release it back to the atmosphere through transpiration this
helps to evenly distribute water - ANSWER maintenance of the water cycle
plants absorb the impact of rain and prevent break up of soil - ANSWER Erosion control and soil building
Diverse array of predators a humans in ridding field of harmful pest - ANSWER pest management
affects only buyers - ANSWER Internal cost or benefit
involves parties other than the buyer and seller - ANSWER external cost or benefit
environmental issues tend to be ___________ cost and benefits - ANSWER long-term
applies the principles of earths systems to economics (includes biotic and abiotic factors, inputs and
outputs are balance, economy should be stable) - ANSWER ecological economies
economies can become more sustainable if environmental challenges are addressed (assign market
values to ecosystem services, can be difficult to determine value) - ANSWER Environmental economies
The price of goods and services - ANSWER market values
values not usually included in the price of goods and services - ANSWER non-market values
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