. Explain the importance of economic valuation of natural resources
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It is a key exercise in economic analysis and its results provide important information about values of environmental goods and services. ... For resources traded in markets such as oil, land, timber, and crops, the value of small quantities of market goods can be measured by their observed price.
Answered by
0
Answer:
It is a key exercise in economic analysis and its results provide important information about values of environmental goods and services. ... For resources traded in markets such as oil, land, timber, and crops, the value of small quantities of market goods can be measured by their observed price.
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