mcmaster university (MCMASTERU) • ECON 2J03 Environmental Economics

ECON 2J03 - Environmental Economics – Midterm EXAM_ 2025/26. Resources devoted to monitoring the behaviour of firms, agencies, and individuals subject to environmental regulations are called . Question 1 options: a) abatement costs b) enforcement costs Suppose a manufacturing firm that is about to be regulated faces the following actual and potential production costs: 1) $2,500 before regulation; 2) $2,925 in the future without the regulation; and 3) $3,240 in the future with the re...

ECON 2J03 - Environmental Economics – Test 1 Resources devoted to monitoring the behaviour of firms, agencies, and individuals subject to environmental regulations are called . Question 1 options: a) abatement costs b) enforcement costs c) private costs d) environmental costs Question 2 (1 point) Saved Suppose a manufacturing firm that is about to be regulated faces the following actual and potential production costs: 1) $2,500 before regulation; 2) $2,925 in the future without t...

ECON 2J03 Quiz 2 Questions and Answers_ 2025. set to the left of the socially efficient point of emissions, the result will be a socially ineffiNet social gains are independent of who has the property rights to environmental resources. Question 1 options: True Refer to the Figure Below. The firm is facing an emissions charge of t and an abatement cost curve of MAC1. If the firm is able to lower its abatement cost curve to MAC2, it will C. emit at level e2 and save (c+d). Enforcement cos...

ECON 2J03 Quiz 1 Questions and Answers_ 2025. A small coastal community with the power to control access to its scallop fishery is an example of . Question 1 options: A. common property rights B. private property rights C. a positive externality D. an open access resource When we drive our cars, we get the of transportation services, while others experience the detrimental effects such as pollution and congestion which environmental economists refer to as a(n) . Question 2 options: ...

ECON 2J03 Environmental Economics Quiz 4 | Q&A 100% answered Correctly_ summer 2025/2026. Why did his parents name him "Hisashi" 九? How was he called later? Select all that apply. Question 1 options: Because his parents loved "baseball" which is called "Yakyu 野九" in Japanese. Because he was the ninth and last child in the family, and " 九" means "nine" in Japanese. Normally, character "九" is not read as "Hisashi" but it is read as "Kyu...