How do you value an ecosystem?
Answers
Answered by
1
Answer:
Hedonic price method – can be used for ecosystem services that affect the economic value of other commodities, e.g. a forest which increases the value of properties around it. Travel cost method – can measure the value of recreational areas by calculating how much people will pay to travel to and visit those sites.
Similar questions
Math,
1 month ago
Computer Science,
1 month ago
Math,
1 month ago
Business Studies,
10 months ago
Math,
10 months ago
Social Sciences,
10 months ago