Which of the Following Phrases Best Captures Aldo Leopold's ""Land

question 5

Multiple Choice

Which of the following phrases best captures Aldo Leopold's ""land ethic""?

• A)It is ethical to recognize that land is a commodity belonging to us.
• B)It is ethical to preserve land as a retreat for human recreation.
• C)It is ethical to use natural resources wisely and conservatively.
• D)It is ethical to see land as a community to which we belong.

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Definitions:

Consumer Surplus

The divergence between the total price consumers are prepared to pay for a good or service and the actual price paid.

Producer Surplus

The difference between the amount producers are willing to supply a good for and the actual amount received by them when they make the sale.

Consumer Surplus

The divergence between the expected payment by consumers for a product or service and the actual payment made.

Producer Surplus

The difference between the amount producers are willing and able to supply goods for versus the amount they actually receive due to market prices.