Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Environment and Sustainable Development

Question:

What do you mean by the opportunity cost of negative environmental impact?

Options:

Cost of the equipments used for environmental degradation

Cost we obtain by selling woods cut from the forests

Cost incurred on spreading awareness about environment campaigns

Cost we have to pay due to harm caused to the environment 

Correct Answer:

Cost we have to pay due to harm caused to the environment 

Explanation:

Opportunity cost of negative environmental impact refers to the cost we have to pay due to harm caused to the environment.