Question
Of the statements below, indicate ALL that are true about the demand for nonmarket action. Select all that are true. Group of answer choices The
Of the statements below, indicate ALL that are true about thedemandfor nonmarket action. Select all that are true.
Group of answer choices
The demand side pertains to the cost of taking, or supplying, nonmarket action
The consequences of an issue outcome determine a stakeholder's demand for nonmarket action. The consequences vary for each stakeholder.
"Aggregate benefits" refer to total benefits for an entire group. "Per capita benefits" refers to benefits per individual person or firm.
A stakeholder is less likely to take action on an issue when there is another way available to realize the same benefit. This is called "benefit replacement strategy."
None of the above are true.
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