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3 . Which of the following component of total economic value of a resource is correctly identified? A . Use value reflects the value people
Which of the following component of total economic value of a resource is
correctly
identified?
A Use value reflects the value people place on a future ability to use the
environment.
B Use value reflects the common observation that people are more than willing to
pay for improving or preserving resources that they will never use.
C Option value is the direct use of the environmental resource.
D A pure nonuse value is also called existence value.
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