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Which potential shortcoming below matches the contingent valuation method? It might not consider the heterogeneity of the population. It relies on survey-based information that is

Which potential shortcoming below matches the contingent valuation method?

  • It might not consider the heterogeneity of the population.
  • It relies on survey-based information that is subject to biases.
  • It is limited by assessed inputs and might not consider wider economic impacts.
  • It assumesceteris paribusto evaluate observed pricing as a means to attribute costs to externalities.

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