2 Quiz

• Choose a natural resource of your interest

  Coconut Trees
• 2. Describe the natural resource, goods and commodities therefrom

  • Coconut trees are abundant in the Philippines, known as the "Tree of Life" due to its versatility and numerous uses.
  • Goods and Commodities: Coconut meat, coconut water, coconut oil, copra (dried coconut kernel), coir (fiber), and shells.
• Pick one g/s and list the private costs associated with producing then

  • Coconut Oil

  Private Costs Associated with Producing Coconut Oil:

  1. Investment in coconut plantation management, including land acquisition and maintenance.
  2. Labor costs for harvesting coconuts, extracting oil, and processing.
  3. Machinery and equipment expenses for oil extraction and refining.
  4. Packaging and marketing expenditures for finished coconut oil products.
• Describe the ecosystem where the natural resource is located

  • Coconut trees thrive in tropical coastal ecosystems, particularly in the Philippines' coastal regions and islands.
  • The ecosystem includes sandy coastal soils, humid climate, and proximity to seawater.
• Identify three ecosystem services they generate and enumerate the inputs needed to produce these services

  • Soil Stabilization: Inputs include coconut tree roots that anchor soil, preventing erosion and landslides.
  • Coastal Protection: Inputs include coastal mangroves and coconut trees that buffer coastlines from storms and waves, reducing the impact of erosion and flooding.
  • Biodiversity Support: Inputs include diverse habitats within coconut plantations that provide shelter and food for various plant and animal species, contributing to ecosystem resilience.
• Provide and example of incompatibility  between producing a natural resource commodity versus the ecosystem service where it is located and identify the stakeholders

  
  

  Producing Coconut Oil vs. Biodiversity Support

  • Stakeholders: Coconut farmers, agricultural industry, environmental NGOs.
  • Intensive coconut farming practices, such as monoculture and excessive pesticide use, can degrade biodiversity by reducing habitat diversity and harming beneficial organisms like pollinators and soil microbes.
• Provide examples of compatibility and identify the stakeholders

  1. Agroforestry Practices:

  • Stakeholders: Coconut farmers, environmental NGOs, government agencies.
  • Implementing agroforestry techniques, such as intercropping coconut trees with other crops or planting native trees alongside coconut plantations, can enhance biodiversity while maintaining coconut oil production.
• Provide examples of compatibility and identify the stakeholders

  1. Sustainable Land Management:

  • Stakeholders: Coconut industry, local communities, government regulators.
  • Adopting sustainable land management practices, such as organic farming methods and soil conservation measures, can promote ecosystem health and biodiversity conservation while supporting the long-term viability of coconut oil production.
• Public good and inefficiency

  A) Regular good

  B) Public good total demand

  C) Qb

  D) Qa-Qb

  E) Qa

  F) Q*

  G) QB

  
• Monopoly and inefficiency:  excludable consumption

  A) Monopoly

  B) OS