FORESTRY
ECOLOGY AND ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Cost benefit analysis
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risk assessment
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ecological footprint
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market equlibrium
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Detailed explanation-1: -For example: Build a new product will cost 100, 000 with expected sales of 100, 000 per unit (unit price = 2). The sales of benefits therefore are 200, 000. The simple calculation for CBA for this project is 200, 000 monetary benefit minus 100, 000 cost equals a net benefit of 100, 000.
Detailed explanation-2: -Environmental cost-benefit analysis, or CBA, refers to the economic appraisal of policies and projects that have the deliberate aim of improving the provision of environmental services or actions that might affect (sometimes adversely) the environment as an indirect consequence.
Detailed explanation-3: -Environmental cost-benefit analysis (CBA) is the application of CBA to projects or policies that have the deliberate aim of environmental improvement or actions that somehow affect the natural environment as an indirect consequence.