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Advanced Business Economics
?
Contingent valuation is used to estimate the
perceived valuation or existence value of environmental goods.
cost of the closest alternative program for achieving the public goal.
value of economic losses in an environmental disaster.
benefits derived from a program when the second-best procedure is used.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (A)
perceived valuation or existence value of environmental goods.
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If a private good is publicly provided at a zero price, it:
