Question 1
0 out of 10 points | | | Higher user costs imply that a resource should be extracted more quickly.Answer | | | | | Selected Answer: | [None Given] | Correct Answer: | False | Response Feedback: | incorrect | | | | |

* Question 2
0 out of 10 points | | | Forestry companies typically harvest and replant an area when trees are:Answer | | | | | Selected Answer: | [None Given] | Correct Answer: | near the end of their rapid growth period. | Response Feedback: | incorrect | | | | | * Question 3
0 out of 10 points | | | The average person in the United States generates about 10 pounds of trash per day.Answer | | | | | Selected Answer: | [None Given] | Correct Answer: | False | Response Feedback: | incorrect | | | | | * Question 4
0 out of 10 points | | | Other things equal, extracting oil from shale becomes economically viable (as or less costly than using conventionally extracted oil) when oil prices reach _____ or more per barrel.Answer | | | | | Selected Answer: | [None Given] | Correct Answer: | $50 | Response Feedback: | incorrect | | | | | * Question 5
0 out of 10 points | | | If a country has a total fertility rate of 1.8, then all else equal we would expect:Answer | | | | | Selected Answer: | [None Given] | Correct Answer: | population in that country to fall over time. | Response Feedback: | incorrect | | | | | * Question 6
0 out of 10 points | | | Kara and Kyle are competing Sockeye Salmon fishers. Both have been allocated ITQs that limit their catch to 2,000 tons of Sockeye Salmon each. Kara's cost per ton is $8; Kyle's cost per ton is $12. Refer to the information above and assume that the market price of Sockeye Salmon is $15 per ton. If Kara pays Kyle $5 per ton for his ITQs, and if she then catches her new limit of 4,000,