2a. In a CBA formula, data for willingness to pay for environmental resources are collected by which two preference methods? (Write the answer) b. Which preference method uses market behavior of consumers to extrapolate their WTP for non-market goods such as "pollution free healthy environment." (Write the answer)

2a. In a CBA formula, data for willingness to pay for environmental resources are collected by which two preference methods? (Write the answer) b. Which preference method uses market behavior of consumers to extrapolate their WTP for non-market goods such as "pollution free healthy environment." (Write the answer)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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