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What Is Contingent Valuation

Question 1

Multiple Choice

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

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