Chapter 17 - Externalities and Environment

________ does not account for the negative externalities or costs that fossil- fueled power plants impose.

________ reduces the resource's quality and quantity, making it rare and perhaps disappearing.

________ impose costs on society that are typically not accounted for in market prices.

________ or levies may compel individuals to use the resource at a socially optimum pace.

________ such as fish, game, forests, rivers, grasslands, and agricultural soil, in general, are renewable if properly managed.

________ such as fish, game, forests, rivers, grasslands, and agricultural soil, in general, are renewable if properly managed.

unexpected consequences of acts that are beneficial and meaningful in and of themselves