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1.1 Economic methodology and the economic problem

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Question 82

The rapid expansion of low Earth orbit (LEO) satellite constellations for global broadband telecommunications has significantly increased orbital congestion. Astrophysicists warn that the reflective glare from these satellites severely degrades optical deep-space observations. With international regulatory bodies struggling to manage the finite number of safe operational orbital pathways, the risk of orbital collisions continues to rise.

From the passage above, it can be inferred that

the private cost of launching communication satellites is greater than the social cost.

low Earth orbit pathways are economic resources.

the opportunity cost of utilizing low Earth orbit for telecommunications is zero.

global broadband networks provide a higher net social benefit than astronomical research.

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem