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

Question

Quizplus · Accepted Answer

Cutting trees for firewood in a government forest has both private costs (such as the effort and resources used to obtain the firewood) and social costs, such as the increased likelihood of flooding as more trees are cut. These social costs affect the entire community and are not borne solely by the individual cutting the trees. Therefore, the best choice is B, which includes both the private cost and the social cost of cutting the trees.

The Social Cost of Cutting Trees for Firewood in a Government