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Natural Resources, the Environment and Agriculture Chapter 10
Topics of Discussion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Page 171 Interactions with natural resources and the environment
Agriculture and the Environment ,[object Object],[object Object],[object Object],[object Object],Pages 171-176
Page 173 Water pollutants range from nutrients to PCBs which are known to cause cancer.
Page 174 The greenhouse effect
Page 175 Temperature record over the past 150 years
Page 177 Efficient level of abatement
Efficient Property Rights ,[object Object],[object Object],[object Object],Pages 178-179
Page 179 Efficiency and damage from externalities
Environmental Policies ,[object Object],[object Object],[object Object],Pages 180-183
Page 181 Cost of abatement if both firms abate the same amount
Page 182 Taxes and subsidies leads firms to the cost-effective allocation of abatement responsibilities.
Economics of Soil Use ,[object Object],[object Object],[object Object],[object Object],[object Object],Pages 183-187
Water as an Asset ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Pages 187-189
Page 188 Marginal revenue and marginal of water use.
US Government Policies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Pages 189-192
Summary ,[object Object],[object Object],[object Object],[object Object],[object Object]
Chapter 11 discusses other forms of  governmental intervention , including price and income supports…

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