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Type Example 1) Direct, market-based A) Costs that are avoided, cost of replacement, costs of things which bring joy and health (clean air and clean

Type

Example

1) Direct, market-based

A) Costs that are avoided, cost of replacement, costs of things which bring joy and health (clean air and clean water)

2) Contingent

B) Markets exist and value these items (seafood)

3) Benefit transfer

C) Non-use values (biodiversity)

4) Indirect, market-based

D) For process that consume resources (erosion control, sediment control, carbon sequestration)

Match each monetary valuation type with its example.

a. 1D; 4A; 2C; 3B

b. 1B; 4A; 2B; 3D

c. 1C; 4A; 2B; 3D

d. 1B; 4A; 2C; 3D

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