Ch. 3 environmental risk comprehensive science

Ace your homework & exams now with Quizwiz!

DIE stands for Design for Environment.

T

The basic premise behind the "The Tragedy of the Commons" is

a resource becomes overexploited when its ownership is shared.

Which of the following is NOT a characteristic of sustainable development?

assigning value to everything

Amount of a product that consumers are willing and able to buy various prices.

demand

The concept of "DfE," utilized in the United States by the EPA, is

design for the environment.

Which is NOT a step in the cost-benefit analysis?

determination of tradable emissions

Classically there are three kinds of resources, which are

labor, capital, and land.

Mathematical statement about how likely it is that something will happen.

probability

What does the price of a product or service reflect?

the demand for and availability of the product

Which of the following does NOT demonstrate the use of renewable resources?

using underground coal deposits to produce heat and electricity

A similarity between ecosystems and markets is that they both operate in the same time frame.

F

Environmental costs are easy to assess, since they can be easily converted into monetary values.

F

More people die from aircraft accidents than from motor vehicle accidents.

F

Risk assessment usually involves a statement regarding the possibility that something could occur.

F

The debt-for-nature program's main goal is the reduction of debt in many developing countries.

F

There is essentially no difference between risk assessment and risk management.

F

Environmental liability protection for small businesses was provided by

SBLRBRA (Brownfields Law).

A primary environmental cost is pollution.

T

ASTM International is similar to ISO since it is a voluntary standard setting organization.

T

Cost-benefit analysis is concerned with whether a policy generates more social benefit than social cost.

T

Deciding which risks should be given the highest priority and how much risk is acceptable are two decisions involved in risk management.

T

Economists look at resources as the available supply of something that can be used.

T

In economics, the price rises when demand exceeds supply.

T

Man has a tendency to misuse or overexploit any resource that is held in common public ownership.

T

One concern of the cost-benefit analysis is that it places an economic value on everything.

T

The general public typically perceives involuntary risks, such as nuclear weapons, a greater risk than voluntary risks, such as smoking.

T

The supply is the amount of goods or service people are willing to sell at a given price.

T

The goal of a deposit-refund program is to

encourage product recycling through the refund of a deposit.

Expenses borne by someone other than the individuals who use the resource.

external costs

Which of the following activities is associated with the greatest approximate lifetime risk of death?

going to the hospital

Which of the following is NOT a pollution cost?

increased health costs

Which of the following is a market-based instrument?

information programs

Point at which there is no significant health or environmental risk.

negligible risk

When the supply of a commodity exceeds the demand

producers lower their prices.

We assign value to natural resources based on our perception of their

relative scarcity

Likelihood that a condition or action will lead to injury, damage, or loss.

risk

The use of facts and assumptions to estimate the probability of harm to human health or the environment is called

risk assessment

Use of facts to estimate the probability of harm to human health that may result from exposure to pollutants, toxins, or management decisions.

risk assessment

Decision-making process that uses input such as risk assessment and economic impacts.

risk management

Gift to private enterprise by government when the enterprise is in economic difficulty.

subsidy

The amount of a good or service available to be purchased is the

supply

Relationship between available supply of a commodity or service and its price.

supply/demand curve

Development that meets the needs of the present with out compromising the ability of future generations to meet their own needs.

sustainable development

Pollution Prevention (P2) can

take on purely economic aspects

Which of the following is an example of an extended product responsibility?

the use of recycled wood products in the manufacture of new products


Related study sets

Chapter 4: Groups, Teams, and Diversity

View Set

chapter 2 Jam and Nuts is evaluating their resources so that they can compete with other companies. They have evaluated their plant, equipment, and geographic location. What other physical resource do they need to evaluate to complete this scan? A) Contro

View Set

Using the Dictionary and Diacritical Marks

View Set

Economics All of the Following Except Questions

View Set