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environmental economics

Expert replies
by mia chi871012 » Fri Feb 12, 2010 4:29 am
The problem that environmental economics aims to rememdy is the following: people making economic decisions cannot readily compare environmental factors, such as clean air and the survival of endangered speices, with other costs and benefits. As environmental economists recongnize, solving this problem requires assigning monetary values to environmental factors. But monetary values result from people comparing costs and benefits in order to arrive at economics decisions. Thus, environmental economics is stymied by what motivates it.

If the consideration advanced in its support are true, the passage's conclusion is supported


A.strongly, on the assumption that monetary values for environmental factors cannot be assigned unless people make economic decisions about these factors.

B.strongly, unless economic decision-making has not yet had any effect on the things categorized as environmental factors.

C.at best weakly, because the passage fails to establish that economic decision-makers do not by and large take adequate account of environmental factors.

D. at best weakly, because the argument assumes that pollution and other effects on evironmental factors rarely result from economics decision-making.

E. not at all, since the argument is circular, taking that conclusion as one of its premises.
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Source: — Critical Reasoning |

by gmatmachoman » Fri Feb 12, 2010 4:32 am
It IS E

But these kind of "circular reasoning" may not pop up on GMAT...

I wont say this as a LSAT one also nor a poor one also...
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by mia chi871012 » Fri Feb 12, 2010 5:22 am
the correct answer is A
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by reply2spg » Fri Mar 19, 2010 8:18 am
OA must be A. I am agree with the same. However, I have never see such kind of problem in any test. I thinks that this is not a GMAT problem. What is Source?
mia chi871012 wrote:the correct answer is A
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