Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Environment and Sustainable Development

Question:

The opportunity cost of negative environmental impact is __________

Which of the following option suits best in the above blank?

Options:

short

high

moderate

fluctuating

Correct Answer:

high

Explanation:

The correct answer is Option 2: high

Explanation: The opportunity cost of negative environmental impact is considered high because it reflects the significant losses associated with environmental degradation. These losses can include reduced quality of natural resources, health impacts, loss of biodiversity, and diminished ecosystem services, all of which can have substantial economic and social costs.

It takes a lot of effort, time and cost to clean up rivers and other water resources, making the opportunity cost involved high.