Which Indirect Value of Biodiversity Will Have the Greatest Economical

question 3

Multiple Choice

Which indirect value of biodiversity will have the greatest economical value to people?

• A) a twenty hectare marshland that acts as a sponge for rainwater
• B) the ecotourism market in the United States
• C) two hundred hectares of wetlands in Canada that soak up pollutants and purify water
• D) forests that decrease erosion along the banks of rivers in Philippines
• E) a row of trees that act as a wind block, on the northwest side of our homes, decreasing our need for air conditioning and cooling systems in the summer

Understand the differences between merchant wholesalers, agents, and brokers in the distribution channel.

Identify the roles and functions of manufacturers' agents and selling agents.

Know how internet-based intermediaries function to connect buyers and sellers.

Describe the characteristics of manufacturers' branches and sales offices as wholesaling activities.

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Definitions:

Third-Party Payments

Transactions where a person or entity other than the direct participants (buyer and seller) undertakes to cover the cost or payment, commonly found in healthcare and insurance industries.

Medicare

A federal health insurance program in the United States primarily for people aged 65 and older, as well as for some younger people with disabilities.

Medicaid

A social health care program for families and individuals with low income and resources.

Medicare

A federal program providing health insurance to people over 65 and to certain younger people with disabilities, funded by payroll taxes, premiums, and the federal government.