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Asked by Joleecia Gresham on Jun 06, 2024

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Why does the commercial value of ivory threaten the elephant, while the commercial value of beef protects the cow?

Ivory

Hard, white material made from elephant tusks and used for carving and making various objects.

Commercial Value

The monetary or exchange value that a good or service has in the marketplace.

Elephant

A large mammal with a long trunk and tusks, known for its intelligence and social behavior, native to Africa and Asia.

  • Understand the economic principles surrounding the commercial value of resources and their impact on conservation.
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Lynette EngelbretsonJun 06, 2024
Final Answer :
Elephants are a common resource, whereas cows are a private good. Poachers have a strong incentive to kill as many elephants as they can find, while ranchers have a strong incentive to maintain the cattle population on their ranches.

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