Production in forest is a long time process:
Correct answer: C. Both (a) & (b)
- A. It take tree considerable time to grow and become useful
- B. Such period could be anywhere between few years and number of the time may not be that important for the intangible products as in case of tangible products like timber
- C. Both (a) & (b)
- D. None of these
Explanation
Trees require years or decades to reach useful size, making forestry a long-term production process. The time horizon is especially important for tangible products such as timber, whereas some intangible benefits may accrue earlier or be assessed differently.
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