Please answer true or false for each

1. Suppose a government already owns a forest and those ownership rights are well defined. the government decides to make that forest into a protected area for endangered species. The costs for doing so equal zero because the land is already owned by the government and already exists as a forest

2. Despite all of the rhetoric about sustainability and in situ natural resources, we noted why it only applies to exhaustible resources.

3. Suppose a policy will stop mining for minerals in environmentally sensitive areas. Lost profits would be one component of the total cost of this policy