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Much of the world's supply of palm oil (which is used in a variety of products including chocolate and soap) is grown in Indonesia on
Much of the world's supply of palm oil (which is used in a variety of products including chocolate and soap) is grown in Indonesia on farms where rainforest once stood. To this day, farmers deforest the local jungle to plant more oil palms (Efaeis guineensis). Suppose an environmental group decided to combat this deforestation by buying local rainforest. Would this strategy be more successful than slave redemption programs? Choose all that apply. a. Yes. the suppiy of rainforest is elastic. Yes. the suppty of rainforest is inelastic. No, the supply of rainforest is elastic. No, the supply of rainforest is inelastic. Yes. it would encourage planting of more rainforest trees. f. No, it would discourage planting of more rainforest trees. On average. old cars pollute more than newer cars. Therefore. every few years. a politician proposes a "cash for clunkers" program: The government offers to buy up and destroy old, high-polluting cars. If a \"cash for clunkers" program buys 1,000 old, high-polluting cars. is this the same as saying that there are 1,000 fewer old, high-polluting cars on the road? a. Yes. buying back 1.000 old cars means there will be 1,000 fewer old cars on the road. b. No, it won't affect the number of old cars on the road at all. c. No. the quantity of old cars supplied increases and the number of old cars on the road will decrease by more than 1,000. :1. No, the quantity of old cars supplied increases and the number of old cars on the road will decrease by less than 1,000. 599-953" In response to an increase in demand. a city with \"closed access\" to the housing market will see the equilibrium price and quantity of housing move from {["point B to point A". "point C to point A". "point A to point B". "point A to point C"] }. A city with "open access" to the housing market will see the equilibrium price and quantity of housing move from {["point C to point A", "point Ato point C", "pointAto point B", "point B to point A"] }. In the gun market shown. the buyback program purchases { } guns. The number of guns in the city that is having the gun buyback program is { }. 5. Who is likely to have a LESS elastic supply, manufacturers operating with lots of idle machines or manufacturers operating at full capacity? a. {["manufacturers operating with lots of idle machines", "manufacturers operating at full capacity"] } A fisherman must sell all of his daily catch before it spoils for whatever price he is offered. Once the fish are caught. what is the sherman's elasticity of supply for fresh sh? Choose the best answer. a. {["Elastic", "inelastic", "Unit-eiastic", "Perfectly elastic". "Perfectly inelastic"]
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