Suppose that a $150,000 expenditure today on insulating layers to prevent toxic landfill seepage would eliminate $1
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Suppose that a $150,000 expenditure today on insulating layers to prevent toxic landfill seepage would eliminate $1 million worth of healthcare costs 20 years from now. If the social discount rate were 10 percent, would society be willing to spend the $150,000 today?
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Related Book For
Environmental Economics And Natural Resource Management
ISBN: 9780415640954
4th Edition
Authors: David A. Anderson
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