How would you best characterize which class of value a polar bear in the Arctic might represent to most people for purposes of environmental valuation? a. direct use value O b. property value c. replacement cost value O d. existence value

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter14: Environmental Economics
Section14.2: Achieving Environmental Efficiency
Problem 2.2GE
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How would you best characterize which class of
value a polar bear in the Arctic might represent to
most people for purposes of environmental
valuation?
а.
direct use value
O b. property value
Ос.
O c. replacement cost value
d. existence value
Transcribed Image Text:How would you best characterize which class of value a polar bear in the Arctic might represent to most people for purposes of environmental valuation? а. direct use value O b. property value Ос. O c. replacement cost value d. existence value
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