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Exam (elaborations)

Nr 444 Final Exam Questions With 100% Correct Answers

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NR 444 FINAL EXAM QUESTIONS WITH 100% CORRECT ANSWERS

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Fire Management Plan's assure that wildland fire management goals and components
are coordinated, therefore it often provides the basis for the development of
Land/Resource Management plan.


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false

,Select the best answer: if there are things about the future that we do not know
enough about to quantify in a meaningful way, we will consider the future as:


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uncertain




What is a positive statement?


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A positive statement attempts to address what is without engaging value
judgements




Why is it justifiable of using public resources for fire management (e.g., fuel treatment
and suppression) instead of solely relying on the market mechanism from the
economic point of view?


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, From an economic point of view, it is justifiable to use public resources for
fire management due to the nature of fire management services as a public
good and the presence of positive externalities. For example, when a
community in a wildfire-prone area receives fuel treatment, neighboring
communities also benefit from the reduced fire risk, even if they did not pay
for it. These services are also non-rivalrous, meaning that one community's
use of the benefits from fire management does not reduce the availability
of those benefits to others. Because of these characteristics, individuals or
interest groups would have the incentive of becoming "free riders",
therefore the private market is unlikely to provide sufficient levels of fire
management services.




Based on the following table, what would be the median fire size?
Probability
Fire size
Fire loss
0.5
(0,100]
(0, $10000]
0.3
(100,200]
($10000, $24000]
0.1
(200,400]
($24000, $50000]
0.1
>400
>$50000


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100

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