According to which model is social welfare maximized when assistance is pri?oritized for species that provide the greatest additional benefit per dollar spent on protection.

Question

Quizplus · Accepted Answer

The Noah's Ark model prioritizes the protection of species that are most beneficial to humans or the ecosystem as a whole. This model proposes that resources should be spent on protection of species that provide the greatest additional benefit per dollar spent on protection, which ultimately maximizes social welfare.

According to Which Model Is Social Welfare Maximized When Assistance