Economics · Environmental Economics Terms
Match the environmental economics concepts in List-I with their correct descriptions in List-II: List-I A. Pigouvian Tax B. Travel Cost Method C. Option Value D. Coase Theorem List-II1. Uses surrogate market to value environmental goods2. Tax equal to marginal external damage3. Willingness to pay to preserve future use possibility4. Private bargaining resolves externalities
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-2, B-1, C-3, D-4✓
- 2A-1, B-2, C-4, D-3
- 3A-2, B-3, C-1, D-4
- 4A-3, B-1, C-2, D-4
Correct answer
A-2, B-1, C-3, D-4
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