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the environmental protection agency of a country would like to preserve a piece of land as a wilderness area for the future generations. the agency
the environmental protection agency of a country would like to preserve a piece of land as a wilderness area for the future generations. the agency has estimated that the land would generate $142433 per year in benefits to hunters, bird watchers and hikers. if the agency were to purchase the land from its current owner as a permanent wildlife refuge, how much would the agency willing to pay for the land? assume the social discount rate is 7 percent
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