A grass root organization is attempting to preserve a stretch of forest that is being considered for purchase by a manufacturing plant. The organization's main strategy is to inform the nearby housing developments of the effect on their home values if the manufacturing plant goes versus the preserved forest. This approach is using____________.

Question

Quizplus · Accepted Answer

The organization is using hedonic valuation, which assesses the impact of environmental factors on the market prices of goods, such as how the presence of a forest or a manufacturing plant affects home values.

A Grass Root Organization Is Attempting to Preserve a Stretch