Environment & Ecology · Environmental Science
Which of the following valuation techniques is most appropriate for estimating the economic value of national parks used for recreation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Travel Cost Method (TCM)✓
- 2Cost-Benefit Analysis
- 3Contingent Valuation Method
- 4Hedonic Pricing Method
Correct answer
Travel Cost Method (TCM)
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