In the Past,environmentalists Thought of Economics as a Method of Maximizing

question 158

Multiple Choice

In the past,environmentalists thought of economics as a method of maximizing profits.Presently,

• A) there is now realization that economics offers a framework for natural resource allocation.
• B) economists are helping to formulate the intellectual framework behind approaches to protecting endangered species, reducing pollution, and preventing climate change.
• C) economics informs environmental studies but economists still do not work for environmental advocacy groups.
• D) More than one of the above is correct.