It is said that when economists attempt to measure the benefits from improved environmental quality, they are
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It is said that when economists attempt to measure the benefits from improved environmental quality, they are measuring not the value of the environment but the preference of people for an environmental good or environmental bad. Why is this very important to know? Answer this question using specific example(s) of your own to illustrate the point you are making.
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Related Book For
Principles Of Environmental Economics And Sustainability
ISBN: 9780815363545
4th Edition
Authors: Ahmed Hussen
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