At a Save Our Reefs Meeting,people Are Asking You What

question 67

Multiple Choice

At a Save Our Reefs meeting,people are asking you what effect the development of new hotels would have on the beach and the reef.You tell them that _________.

• A)the hotels would increase tourism,and more people would be a benefit for the beach and coral reefs,since they would be able to capture fish for the aquarium trade and fish in the reef
• B)the development company could harvest the coral reef for building material and expose it to more land-based pollution
• C)even if the development harms the reef,the beach and the town will be safe,since corals don't contribute much to the ocean ecosystems

---

Definitions:

Producer Surplus

Is the difference between the amount producers are willing to accept for a product or service and the actual amount they receive.

Sellers' Costs

The expenses incurred by sellers in providing goods or services, including production, labor, and materials costs.

Good

A tangible product or item that satisfies some human want or need, which can be transferred or sold from one person to another.

Profits And Losses

A financial metric indicating the positive (profits) or negative (losses) financial outcomes of a business's operations.