Economics · Environmental Economics
The valuation method used for estimating the economic value of a house based on environmental changes, such as the proximity of a public park or scenic beauty, is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Contingent valuation method
- 2Production function method
- 3Hedonic pricing method✓
- 4Travel cost method
Correct answer
Hedonic pricing method
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