All of the Following Actions Would Threaten the Ocean's Ability

question 44

Multiple Choice

All of the following actions would threaten the ocean's ability to provide ecosystem goods and services EXCEPT ___________.

• A)dumping motor oil down storm drains
• B)fishing using bottom trawlers
• C)spilling gasoline while fueling your lawn mower
• D)soil erosion from construction sites
• E)installing solar panels

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Definitions:

Deadweight Loss

The drop in economic productivity happening when the optimal free market balance for a good or service isn't met.

Price Ceiling

A price ceiling is a government-imposed limit on how high the price of a good or service can be charged in the market, usually set below the equilibrium price to ensure affordability of essential goods.

Monopolist

An entity that is the sole provider of a particular good or service, giving it the ability to control market prices and output levels.

Price Ceiling

A legal maximum price that can be charged for a good or service, aiming to prevent prices from rising too high.