1. A local forest provides habitat for deer that are harvested by hunters. The hunters receive what type of benet in this case? a. Direct use value b. Indirect use value c. Option value d. Bequest value e. Existence value 2. A wildlife preserve provides What type of economic benets? a. Use values only b. Nonuse values only c. Existence values only d. Direct and indirect use values only e. Both use and non-use values 3. Which one of the following valuation techniques is n_0t based on the value of marketed goods or services? a. Hedonic pricing b. Avoided cost valuation c. Production function valuation d. Contingent valuation e. Engineering cost valuation 4. An economist estimates the value of a nature preserve by calculating the price premium people pay for houses located adjacent to the preserve. This is an example of what type of economic valuation. Hedonic pricing Avoided cost valuation Production function valuation Contingent valuation Engineering cost valuation {DP-957'?\