EXAM I Study Guide Questions 1. QA – What does natural resource economics study? 2. QB – Why study natural resource economics? 3. QC – What distinguishes NRE from other types of economic analysis? 4. QD – What is the primary market failure for NRE? 5

quiz_review_ace_406.docx-CASE ISSUES, TOPICS, AND HOLDINGS Cases

be an issue. We need to have source of heat for the trip but if everyone when and chopped wood and camped extensively then the deforesting rate would be significantly higher. Not only this but the camp sites would be severely degraded. An excellent e

A: A prime example of Technology forcing would be setting the CAFE (Corporate Average Fuel Economy) standards in 2025 to 61.07 mpg which is currently unattainable for the average consumer car but will be considering likely advances in technology. We

Solid Waste Agency of Northern Cook County v. U.S. Army Corps of Engineers ● Rule of law ○ The Migratory Bird Rule in the Clean Water Act does not grant permit jurisdiction to the U.S. Army Corps of Engineers over isolated, non-navigable waters of th