Environmental Economics involves question of ...................
Both of the above
Environmental economics studies how economic activity affects the natural environment and how markets and policy can be designed to manage that relationship efficiently.
Two core questions run through the field. First, markets tend to produce too much pollution because the damage falls on third parties as a negative externality that the polluter does not pay for. Second, the natural world is under-protected because many environmental assets, such as clean air, biodiversity and forests, are public goods or open-access resources; the resulting market failure means private decisions do not reflect their full social value.
Since the field deals with both the excessive production of pollution and the insufficient protection of nature caused by market failure, the combined choice is correct. Saying that only the first point is true ignores the conservation and resource-protection side of the discipline, and each single statement on its own is incomplete.
Both of the above option is correct.
Similar Questions
Arrange the following in descending order according to the extent of expenditure of Union Government in Budget 2023-24.
(i) Central Sector Schemes
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(iv) Centrally sponsored schemes
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Match the following:
List I List II (a) 12th Finance Commission (i) Dr. Vijay Kelkar (b) 13th Finance Commission (ii) Dr. C. Rangarajan (c) 14th Finance Commission (iii) N. K. Singh (d) 15th Finance Commission (iv) Y. V. Reddy Codes : (a) (b) (c) (d)
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Important Questions from Mixed Topic (MH-SET)
.................... is a client server application that identifies each host on the internet with a unique user-friendly name.
Every OS has a ................ or .......... which primarily resides in the main memory of the computer to perform some of the basic functions of the OS.
(i) Kernel
(ii) Interface
(iii) Nucleus
(iv) Compiler
Codes:
Which of the following are referred to as low level language?
(i) Machine language
(ii) Assembly language
(iii) High level language
(iv) Natural language
Codes:
Match the following:
List I List II (a) New York Public Library (i) Shelv AR (b) Miami University Augmented Research Group (ii) Smart library (c) Oula University Library (iii) Wolf Walk (d) North Carolina State University (iv) Find the future Codes:
Which part of the QR code represents the encoded data?
