AnswersWISD-OC-Earth Systems-BEconomics of Resources

Economics of Resources Answers

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1
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Which phrase best defines natural resource economics?

A
nonrenewable and renewable resources found in the earth
B
the supply and demand of mining, fishing, or forestry
C
the study of the supply, demand, and allocation of renewable and nonrenewable resources
D
the study of the price and amount of resources found on the earth
2
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Which phrases describe the importance of resource economics? Check all that apply.maintaining healthy ecosystemsensuring that resources are available for the futureincreasing profits of companiesdefining which resources are renewableevaluating the costs and profits of resource usemonitoring impact of resource extraction on the environment

A
maintaining healthy ecosystems
B
ensuring that resources are available for the future
C
increasing profits of companies
D
defining which resources are renewable
E
evaluating the costs and profits of resource use
F
monitoring impact of resource extraction on the environment
3

Which phrases are methods of obtaining safe drinking water? Check all that apply.collecting rainwaterusing nanofiltrationusing irrigation techniquesdesalination of water from the oceancollecting agricultural runoff from farmsrecycling wastewater in a treatment plant

A
collecting rainwater
B
using nanofiltration
C
using irrigation techniques
D
desalination of water from the ocean
E
collecting agricultural runoff from farms
F
recycling wastewater in a treatment plant
4

Did you answer the question completely? Which of the following did you do?

A
Chose location A or B.
B
Provided three reasons.
C
Included environmental costs.

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Economics of Resources Answers — WISD-OC-Earth…