Asked by Vishaldeep Singh on May 06, 2024

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When the benefits of conservation and future use are excluded from a cost-benefit analysis,there is a tendency to:

A) more efficiently allocate resources.
B) overvalue future resources by considering them "priceless."
C) stop resource extraction.
D) extract and use resources as quickly as possible.

Cost-Benefit Analysis

A comparison of the marginal costs of a project or program with the marginal benefits to decide whether or not to employ resources in that project or program and to what extent.

Future Use

The intention or plan to deploy resources, products, or services at a later date, often considering the long-term benefits or applications.

Conservation

The act of preserving, protecting, or restoring the natural environment, resources, and biodiversity for future generations.

  • Analyze the impact of government policies and economic principles on resource extraction decisions.
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Shanice PerryMay 11, 2024
Final Answer :
D
Explanation :
Excluding the benefits of conservation and future use from a cost-benefit analysis leads to an overemphasis on immediate economic gains, causing extraction and use of resources as quickly as possible. This results in degradation of natural resources and poses a threat to the sustainability of ecosystems, which ultimately outweighs the short-term economic benefits.