Exam 7: The Environment

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The new discipline of "ecological economics" calculates the value of an ecosystem, not in terms of what people are willing to pay for it, but in terms of what it would cost to provide the benefits and services that the ecosystem now furnishes us.

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According to Cambridge University biologist Andrew Balmford, the loss of nature's services is always outweighed by the benefits of development.

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According to Holmes Rolston III,

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Cost-benefit analysis is a device used to determine whether it's worthwhile to incur a particular cost.

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A moral of Garrett Hardin's parable "The Tragedy of the Commons" is that there can be a difference between the private costs and the social costs of a business activity.

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Which of the following is true of a regulatory approach to environmental problems?

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One truth about factory farms is

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According to the philosopher Joel Feinberg,

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According to Joel Feinberg, future generations

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The term ecology refers to the science of the

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The "tragedy of the commons" is

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One of the attitudes prevalent in business that has led to increased environmental problems is the tendency to view the natural world as a free and unlimited good.

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Animal manure

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Does that fact that McDonalds gave in to public opinion mean that all businesses should do the same?  Is there every a time that a business can tell the environmental people that they will not abide by the regulations or requests?  Describe those conditions.

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Any equitable solution to the problem of who should pay the bill for environmental cleanup should take into account responsibility as well as benefit.

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William F. Baxter addresses environmental ethics by noting

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According to Joel Feinberg, future generations of people have a right to be born.

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Briefly describe the two popular answers to the question of who should pay the costs of environmental protections and restorations.

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Business must be sensitive to its impacts on the physical environment primarily because of the

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When it comes to the protecting animal rights, the United States is far ahead of Europe.

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