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Environmental Economics Study Set 3
Quiz 16: Federal Policy on Toxic and Hazardous Substances
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Question 1
Multiple Choice
When the economics of pest resistance is examined, it becomes clear that
Question 2
Multiple Choice
In the decision of whether or not to regulate a chemical, the question of which party has the responsibility of providing information to decide a chemical's safety level is called the
Question 3
Multiple Choice
Recent technological change in chemicals has led to the development of chemicals that involves the production and use of substances using extremely small particles called
Question 4
Multiple Choice
The policy environment governing hazardous and toxic substances is
Question 5
Multiple Choice
If acceptable levels of exposure to chemicals were determined by 'balancing', regulators would attempt to
Question 6
Multiple Choice
Many object to the balancing approach for regulating chemicals because
Question 7
Multiple Choice
The primary regulatory approach to regulating toxic emissions has been to use technology-based effluent standards. All of the following are technology-based effluent standards except
Question 8
Multiple Choice
Refer to the figure above. In the graph above, the vertical axis (Axis) would be labeled
Question 9
Multiple Choice
Rachel Carson's book, Silent Spring (1962) , documented ecosystem damage caused by
Question 10
Multiple Choice
Each of the following is a primary domestic pollution control statute for toxic emissions in the US except
Question 11
Multiple Choice
Refer to the figure above. In the graph above, Curve B would be labeled
Question 12
Multiple Choice
Trying to reduce the amounts of hazardous material that need disposal by either recycling residuals, or by shifting technologies and operations so that the amount of residuals generated by firms is reduced is known as ________.
Question 13
Multiple Choice
Refer to the figure above. In the graph above, Curve A would be labeled
Question 14
Multiple Choice
Refer to the figure above. The marginal damages curve slopes upward because
Question 15
Multiple Choice
TSCA differentiates between _______ and _________ chemicals, regulating the latter more stringently than the former.
Question 16
Multiple Choice
Hazardous and toxic materials have characteristics that present unique challenges for monitoring and control, such as
Question 17
Multiple Choice
Refer to the figure above. MC1 represents marginal costs for firm 1, while MC2 represents marginal costs for firms 2. If a common standard for workplace exposure were set at r
1
Question 18
Multiple Choice
When the precautionary principle is introduced into the regulation of chemicals it
Question 19
Multiple Choice
Policy makers have begun to regulate toxic emissions by 'moving back up the line' and encouraging waste reduction. All of the following are effective incentives to encourage waste reduction except