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Deforestation is a global concern. Forest loss can lead to increased greenhouse gas production, which contributes to global warming. The destruction of tropical forests is also a major factor in the loss of global biodiversity. The global scenarios of deforestation include all of the following EXCEPT
Sunk Costs
Expenses that have already been incurred and cannot be recovered.
Alternatives
Different options or choices available in a decision-making scenario.
Relevant Cost
A cost that differs between alternatives in a decision. This term is synonymous with avoidable cost and differential cost.
Direct Materials
The raw materials that are directly traceable to the manufacturing of a product.
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