When the Benefits of Conservation and Future Use Are Excluded

question 28

Multiple Choice

When the benefits of conservation and future use are excluded from a cost-benefit analysis, there is a tendency to

• A)more efficiently allocate resources.
• B)overvalue future resources by considering them "priceless."
• C)stop resource extraction.
• D)extract and use resources as quickly as possible.

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Definitions:

Satisfaction

The fulfillment or discharge of a debt, obligation, or penalty.

Performance

The execution, completion, or fulfillment of a duty, contract, or other obligation according to its terms.

Breach

A breach is the violation of a law, duty, or other form of agreement, typically referring to a breach of contract.

Obligations

Legal or moral duties that require an individual or entity to act or refrain from acting in a certain manner.