A disadvantage of the travel cost method is
A) it cannot determine monetary values
B) it estimates only user value and not existence value
C) it focuses on recreational use making it ineffective for commercial use
D) all of the above
E) (b) and (c) only

Question

Quizplus · Accepted Answer

The travel cost method is limited in its ability to estimate non-use values, such as existence value, and it may not be effective for valuing commercial uses, as it is primarily focused on recreational use. However, it is still able to determine monetary values, so option A is not correct. Option D is incorrect because it inaccurately suggests that all three options are disadvantages, when only options B and C are specifically drawbacks of the method. Therefore, the best choice is E, which correctly identifies the two limitations of the travel cost method.

A Disadvantage of the Travel Cost Method Is