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Watch the Landslide Reshapes Big Sur Coastline video: https://youtu.be/I4oDKjv2Nw4Links to an external site. [1:42] Drawing upon economic concepts, discuss the impact on California's economy (e.g.,
Watchthe "Landslide Reshapes Big Sur Coastline" video:https://youtu.be/I4oDKjv2Nw4Links to an external site.[1:42]
Drawing upon economic concepts, discuss the impact on California's economy (e.g., concepts of opportunity costs, externality, economic disruption). Keep in mind that the costs are more than repairs and clean-up.
- What happens economically to an area if a major highway is closed?
- What are the opportunity costs?
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