Eduncle Asked an Mcq

March 2, 2020 12:48 pm

UGC NET
Economics

Which of the following is not a feature of the contingent valuation method ?

Choose Your Answer:

AIt is an economic non-market based valuation method

BIt is based on the maximum willingness to pay by the consumers

CIt is used only in case of air pollution

DIt is used under the condition of market failure

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Eduncle Best Answer
The contingent valuation method has been widely used for estimating environment related health impacts.

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