Private/Social costs of logging rainforests (1 Viewer)

[matt_f64]

shit i just said social cost is pollution
and private cost is having to drive in a hot bulldozer all day ...
will i get ne marks?

ahahahaha that bulldozer shit is funny shit!!

 

[sgt]

yeh but i'm sure its kinda right?......'come on..heh

 

[ay_caramba]

o no..
i put the private and social costs associated with logging...as in not during logging but after logging... i dunno if that makes sense

private costs: that costs of timber would rise for both consumers and producers as timber resources become scarce
social costs: losses to the tourism industry due to loss of aesthetics, air degradation, loss of biodiversity/habitat destruction..

 

[matt_f64]

nah lol sorry its not, at least u got the social cost bit rite which = externalities... eg pollution as u said.
private costs is anything that the producer has to spend money on. ie. costs of production eg. cost of labour, cost of machinery, cost of insurance, cost of safety equipment etc etc

 

[ay_caramba]

nah lol sorry its not, at least u got the social cost bit rite which = externalities... eg pollution as u said.
private costs is anything that the producer has to spend money on. ie. costs of production eg. cost of labour, cost of machinery, cost of insurance, cost of safety equipment etc etc

o cmon but more expensive resources do become a cost incurred by the producer and consumer, and are represented by the price mechanism and.. and..um o i give up
omg i shud just get over the eco exam .. hehe

 

[kunny funt]

wat was needed to obtain the full 5 marks for the conflicting goals of economic growth and preserving the environment.

 

[SpaceMonkey]

wat was needed to obtain the full 5 marks for the conflicting goals of economic growth and preserving the environment.

Economic growth would require more production, more production requires more production facilities i.e factories, more factories leads to more pollution, more pollution leads to degradation of the environment.
So you can see the conflict between pursuing economic growth and the preservation of the environment. Expand on that a bit more and crap on a little more and bleh...

 

[*Erika*]

o no..
i put the private and social costs associated with logging...as in not during logging but after logging... i dunno if that makes sense

private costs: that costs of timber would rise for both consumers and producers as timber resources become scarce
social costs: losses to the tourism industry due to loss of aesthetics, air degradation, loss of biodiversity/habitat destruction..

ah i did the same thing with private costs, talked about AFTER the logging...dammit....