Economists are difficult to understand. They claim that they can put a monetary value on premature death,
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Economists are difficult to understand. They claim that they can put a monetary value on premature death, but not on human life. They also claim that they can value ecosystem services (such as a wetland area)
in a certain locality, but not the value of the world’s ecosystem services. How could this be? Discuss, and be specific.
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The apparent contradiction in the statements made by economists regarding the valuation of premature death and ecosystem services arises from the diff...View the full answer
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Related Book For
Principles Of Environmental Economics And Sustainability
ISBN: 9780415676915
3rd Edition
Authors: Ahmed Hussen
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