One problem with measuring the existence value of something like a lake is that
A) it only tracks what we are willing to pay for the existence of the lake.
B) future generations may be willing to pay more for the existence of the lake.
C) the lake may have value in itself.
D) All of the above

Question

Quizplus · Accepted Answer

The existence value of a natural resource like a lake encompasses not just the current willingness to pay for its preservation but also its intrinsic value and the potential value it holds for future generations. This makes measuring its full value complex, as it involves considering current and future perspectives, as well as intrinsic worth beyond economic measures.

One Problem with Measuring the Existence Value of Something Like