Business

25 March, 17:15

Brookshire et al. (1982) were interested in how much people would be TWP in increase air quality in their community. To find the value of improving air quality, they surveyed 290 individuals over 90 communities about their willingness to pay for cleaner air. This is an example of:

Select one:

a. a revealed preference method

b. a hedonic price analysis

c. a use value

d. a stated preference method

+1

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