You Have Been Given the Task of Convincing a Country

question 57

Essay

You have been given the task of convincing a country to maintain its forests instead of converting them into large farms.What information would you present in your argument for keeping the forests?

---

Definitions:

Short-run Supply Curve

A graphical representation of the quantity of goods a firm is willing and able to supply to the market at different prices, over a short period where at least one input is fixed.

Marginal Cost

The financial commitment needed for the creation of an additional unit of a product or service.

Fixed Cost

Expenses that do not vary with the level of production or sales, such as rent, salaries, or insurance costs.

Lawn-mowing

The process of cutting the grass in a garden or yard to maintain a neat and orderly appearance.