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From an economic point of view, the value for a particular good to a person can be determined by the what the person would willingly
From an economic point of view, the value for a particular good to a person can be determined by the what the person would willingly give up in exchange. Economists call this measure of benefits willingness to pay. It really measures the maximum a person would be willing to pay. Question 11 options: True False
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Environmental Economics and Management Theory, Policy and Applications
Authors: Scott J. Callan, Janet M. Thomas
6th edition
1111826673, 1111826676, 1439080634, 1439080631, 9781285528540 , 978-1111826673
