1. Do you think markets in general are "self-regulating" at least in the US today ?if so why and if not why not ?
2. As prices of commodities begin to rise, consumption will likely shift at least in part to substitute materials. What are some potential issues in waiting for prices to give the signal to develop and implement the substitutes?
3. Which is better ?A program that increases recycling or a program that increases the lifetime of products.Provide examples and practical situations.
4. Do you think that predator/prey models will exhibit oscillatory behavior. This is a model that describes the interaction between predators and prey in any natural environment.Do you agree? Why or why not?
5. Discuss the explosive growth of the internet by identifying its positive feedback loops.Can a positive feedback system be in equilibrium? Why or why not? If yes, describe the various situations that might lead to equilibrium.