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When Valuing Assets,the Travel-Cost Method (TCM)uses the Costs Incurred by Individuals

Question 70

Multiple Choice

When valuing assets,the travel-cost method (TCM) uses the costs incurred by individuals travelling to a particular location plus:


A) the opportunity cost of leisure alternatives forgone.
B) opportunity costs of wages forgone.
C) average costs of all trips made by the traveller.
D) none of the given answers.

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