(Textbook Summary) Chapter 3

Question 1

(穴埋め) as long as environmental goods and services can be traded or sold, ___ will be diminished by economic forces through ___ ___ ___ ___

Answer 1

Scarcity / the market response model

Question 2

(穴埋め) the market response model alleviates scarcity by creating __ that either increase ___ __ of environmental goods and services or reduce ___ for them

Answer 2

Incentives / the supply / demand

Question 3

(穴埋め) environmental externalities can be mediated, in this theory, thorough ___ ___ compared to ___

Answer 3

Private contracts / regulation

Question 4

(穴埋め) many market-based mechanisms exist for solving environmental problems, including ___ ___, ___ ___ ___, and ___ ___ ___

Answer 4

Green taxes / markets for pollution / green consumer choice