Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is an argument, on its own, for de-growth as necessary for environmental sustainability? a. The ecological footprint is currently unsustainable, and

Which of the following is an argument, on its own, for de-growth as necessary for environmental sustainability?

a. The ecological footprint is currently unsustainable, and it would be impossible to

reduce the ecological footprint without reducing the size of the economy.

b. Marginal returns to human well-being (marginal utility) diminish as the economy growth, and marginal ecological harm (marginal disutility) increases. Thus, economic growth should stop when the economy reaches the size where marginal utility equals marginal disutility.

c. It is difficult, but possible, to decouple the ecological footprint from growth.

d. Technological innovations might allow the current economy to be powered by external energy sources.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Roger A Arnold

13th Edition

1337617407, 9781337617406

More Books

Students also viewed these Economics questions