Large-Scale Environmental Problems Such as Global Warming Have Been Difficult

question 31

Multiple Choice

Large-scale environmental problems such as global warming have been difficult to address because

• A) they are localized and require specific countries to act individually.
• B) people in colder climates are looking forward to the warm weather.
• C) the primary contributors to the problem are developed Western powers accustomed to ignoring international law.
• D) they do not actually exist.  The scientific community now agrees global warming was a hoax.
• E) the economies of industrial nations have come to depend on constantly-increasing consumption of goods and energy.

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Definitions:

Producer Surplus

The difference between the amount that producers are willing to sell a good for and the actual amount received by them after selling it.

Price Floor

A government-imposed minimum price charged for a product, above which market transactions may legally occur.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, naturally established in a free market.

Organizational Culture

The set of shared values, beliefs, and norms that influence the behavior and attitudes of individuals within an organization.