What is contingent valuation?
A) assigning a value to an intangible good based on the results of surveys
B) assigning a value to an intangible good based on how much people will pay to obtain it
C) assigning a value to an intangible good based on its historical price
D) assigning a value to an intangible good based on its price in an ideal free market
E) assigning a value to an intangible good based on what it would cost to provide a substitute for it
Correct Answer:
Verified
Q2: The point of view used in Benefit-Cost
Q3: One of the following is a fundamental
Q4: Which of the following is an example
Q5: All of the following EXCEPT one are
Q6: One of the following is a fundamental
Q7: Which of the following is an example
Q8: Which of the following is viewed as
Q9: A study shows that widening a road
Q10: What economic conditions underlie market failures?
A)External costs
Q11: When a community puts pressure on a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents