Economists Have Been Comparing the Monetary Value of Intact Habitats

question 28

Multiple Choice

Economists have been comparing the monetary value of intact habitats with the value of using (destroying) those habitats (such as for logging or farming) .They find

• A)the immediate economic gain is worth it,such as in the shrimp farms in Thailand.
• B)the long-term problems are minimal,and usually economically minor,it is more of an aesthetic problem than a monetary one.
• C)the intact habitat is more valuable than the destroyed one in most cases studied.
• D)clearing the forest for agriculture,as in Cameroon,provides jobs,housing,and long-term economic benefits.
• E)increased invasion in intact habitats renders it worthless within a few years.

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Definitions:

Skewed Distribution

A statistical term describing an asymmetry from the normal distribution in a set of data, where the tail on one side of the peak is longer or fatter than the other.

Statistically Significant

A determination that a result from data analysis is unlikely to have occurred by chance, suggesting a real effect or difference is present.

Standard Deviations

A measure of the dispersion or variability within a set of numerical data, indicating how much variation there is from the average (mean).

Sample Averages

The mean value calculated from a sample set of data, representing the central tendency or typical value of that sample.