The major factors of value of forestland are:
Correct answer: E. All of the above
- A. Site quality
- B. Kind and intensity of forest management and its costs
- C. Market value of the product and
- D. Time involved in growing the forest crops
- E. All of the above
Explanation
Forestland value depends on biological productivity through site quality, the management regime and its costs, expected product prices, and the time required to grow the crop. Omitting any of these can substantially distort the appraisal.
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