English, asked by yousufaliaftab, 4 months ago

68. is defined as the willingness
to accept the real *

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Answered by viveksingh292007

Answer:

In economics, willingness to accept (WTA) is the minimum monetary amount that а person is willing to accept to sell a good or service, or to bear a negative externality, such as pollution. ... Choice modelling techniques may be used to estimate the value of WTA through a choice experiment.

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