Question: 1. How much are you willing to contribute to a fund to save the Emperor Penguin? The preceding question is an example of(1 pts):>>
1. "How much are you willing to contribute to a fund to save the Emperor Penguin?" The preceding question is an example of(1 pts):>> a. A dichotomous choice question on a Contingent Valuation survey. b. A question about the survey respondent's background on a travel cost survey. c. An open-ended question on a Contingent Valuation survey. d. A payment card question on a Contingent Valuation survey. e. None of the above.. 2. Is the question above ("How much are you willing to contribute to a fund to save the Emperor Penguin?") a good question to ask in an actual survey? [Note: Here I am asking you to consider the exact wording and link to a discussion from class.] If you identify issues with the question, how would you modify it? (2 pts). 3. List the advantages and disadvantages of stated preference methods relative to revealed preference methods. (4pts)
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