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

Question

Quizplus · Accepted Answer

Cutting trees for firewood can lead to deforestation which increases the likelihood of flooding due to the loss of tree roots that hold soil in place. This is the social cost of cutting trees, as it impacts not only the individual cutting the trees but also the broader community. In addition, there is also a private cost to the individual cutting the trees, as they have to invest time and effort in cutting and transporting the wood. Therefore, the best answer is B, which includes both the likelihood of flooding and the private cost of cutting trees.

The Social Cost of Cutting Trees for Firewood in a Government