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24 It word limit maximum 500 and provide references if you cite from book/website/google. I, use the concept of natural resource economics when necessary] The
24 It word limit maximum 500 and provide references if you cite from book/website/google. I, use the concept of natural resource economics when necessary] "The areas affected by wildfires in 2021 (863 000 hectares) was one of the three largest in 102 years of recorded wildfire history in British Columbia," This is likely to affect timber harvesting. supply, timber industry, and timber market. Given this information, briefly discuss the following questions: 1) How much (hectares and % of total area) timber harvesting land base (THLB) were affect by the fire and which areas/regions were mostly affected? 2) How this fire is going to affect the optimal rotation period of timber and supply of timber? 3) Did this fire affect the Non-timber forest values (e.g., wildlife habitat, scenic areas etc.) and to what extent/how much? 4) How the effect of fire on Non-timber forest values is going to affect the optimal rotation period of timber
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