The Social Cost of Cutting Trees for Firewood in a Government

question 63

Multiple Choice

The social cost of cutting trees for firewood in a government forest is

• A)the increased likelihood of flooding as more trees are cut.
• B)the increased likelihood of flooding as more trees are cut plus the private cost of cutting the trees.
• C)opportunity cost to the individual of cutting the wood.
• D)the marginal costs of cutting the last tree.

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Definitions:

Biological Principle

Fundamental concepts that underpin the study of biology, such as the cell theory, gene theory, evolution, homeostasis, and ecology.

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Measles Virus

A highly contagious virus that causes measles, a disease marked by fever, cough, and rash.

Influenza Virus

A contagious virus that causes the flu, characterized by fever, cough, sore throat, and body aches, and can lead to severe health complications.