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Your environmental protection organization is concerned about a plan by a private company to strip mine a valley and forested area in your state which is home to eighteen species of mammals and birds some of which have previously been designated endangered species. You have retained experts who have submitted written opinions concluding that the mining plans will cause extinction of a least one of the bird species and cause the loss of 10,000 acres of outdoor recreation opportunity. Advise your organization's President.

Microeconomics, Economics

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