Question

explain how the opportunity cost of negative environmental impact are high​

Answer 1

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Negative environmental impact has long term opportunity costs involved. When the rate of resource extraction is higher than that of its renewal, many resources get exhausted or become on the verge of extinction. As a result, we are forced to invest too much in exploration of alternate resources.

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Answer 2

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Negative environmental impact has long term opportunity costs involved. When the rate of resource extraction is higher than that of its renewal, many resources get exhausted or become on the verge of extinction. As a result, we are forced to invest too much in exploration of alternate resources.