Environmental Quality Is Considered to Be a Public Good

question 256

Multiple Choice

Environmental quality is considered to be a public good. This means that

• A) ultimately it is the public that pays for environmental clean-up.
• B) businesses have a responsibility to minimize their environmental pollution.
• C) everyone enjoys a cleaner environment regardless of who pays for it.
• D) society places a higher value on private goods and services.

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Definitions:

Value Judgments

Assessments based on personal views about the worth, beauty, or goodness of something rather than on measurable criteria.

Objective Concept

A notion or idea based on factual and measurable evidence rather than personal feelings or opinions.

Observable Phenomenon

Events or occurrences that can be perceived directly through the senses or with the help of scientific instruments.