Economics · Total Economic Value
Match the Total Economic Value components with correct definitions: List I 1. Option Value 2. Existence Value 3. Bequest Value 4. Use Value List II P. Value to future generations Q. Value of keeping the option to use in future R. Intrinsic value irrespective of use S. Direct or indirect current consumption benefit
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11-S, 2-P, 3-Q, 4-R
- 21-R, 2-S, 3-Q, 4-P
- 31-P, 2-Q, 3-R, 4-S
- 41-Q, 2-R, 3-P, 4-S✓
Correct answer
1-Q, 2-R, 3-P, 4-S
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