1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
anygoal [31]
3 years ago
5

Researchers in the National park Service conducted a survey to to estimate what the national parks are worth to Americans. The s

urvey asked a representative sample of more than 700 households how much they would pay in increased taxes to preserve those assets for themselves and their grandchildren. The peer- reviewed economic survey of 700 U.S. taxpayers, conducted by mail and internet, also found that people would be willing to pay a significant amount of money to make sure the parks and their programs are kept intact. Some 81% of respondents said they would be willing to pay additional taxes for the next 1O years to avoid any cuts to the national parks. What sort of valuation method most closely resembles that utilized by the researchers to determine the value of National Parks to Americans? What sort of values ( i.e. market, use, non-use?) can be measured with the valuation method used?
Business
1 answer:
gogolik [260]3 years ago
5 0

Answer:

Consider the following explanation

Explanation:

The valuation method used in this case is Contingent Valuation. In this method, the consumers or people are asked to state a value they would assign to a certain good. They are asked to state their willingness to pay. In this case the willingness to pay is asked in the form of increased taxes they would be willing to pay to preserve the National Park service.

The values that are measured in this survey are largely non-use value. Non use value is the value people assign to something not for the utility they receive directly from it but from the mere existence value of the resource or National Park in this case. Hence in this case the existence value of the national parks is measured

You might be interested in
A list of n items is arranged in random order; to find a requested item, they are searched sequentially until the desired item is
kompoz [17]
<span>n/2 = average number of items to search. Or more precisely (n+1)/2 I could just assert that the answer is n/2, but instead I'll prove it. Since each item has the same probability of being searched for, I'll simulate performing n searches on a list of n items and then calculate the average length of the searches. So I'll have 1 search with a length of 1, another search looks at 2, next search is 3, and so forth and so on until I have the nth search looking at n items. The total number of items looked at for those n searches will be: 1 + 2 + 3 + 4 + ... + n Now if you want to find the sum of numbers from 1 to n, the formula turns out to be n(n+1)/2 And of course, the average will be that sum divided by n. So we have (n(n+1)/2)/n = (n+1)/2 = n/2 + 1/2 Most people will ignore that constant figure of 1/2 and simply say that if you're doing a linear search of an unsorted list, on average, you'll have to look at half of the list.</span>
6 0
3 years ago
On december 2017 coolwear had a balance in its prepaid insurance acount of 68,400. During 2018, 106,000 was paid for insurance.
NNADVOKAT [17]

Answer:

$132,400

Explanation:

Calculation for the Insurance expense

Using this formula

Insurance expense= 2017 Ending Balance in prepaid insurance account+ Amount paid for insurance-2018 Ending Balance in prepaid insurance account

Let plug in the formula

Insurance expense=$68,400+$106,000-$42,000

Insurance expense=$132,400

Therefore the Insurance expense recorded 2018 would be $132,400

8 0
3 years ago
The Blue Corporation started and completed 4,800 units during February. Blue started the month with 700 units in process (40% co
mezya [45]
El gobierno de estados a estados de las dos o los otros países de la zona del sur del norte y el pueblo de la capital
5 0
2 years ago
Economic research "consistently" finds that immigration negatively impacts the average American wage. "false"
Alja [10]

Answer: The given statement is false.

Explanation:

Immigrants give a boost to the average wages of Americans by increasing the overall productivity and help in investment. Immigrant workers are more advanced in skill sets and knowledge which helps the native Americans to improve their productivity. This process has boosted the investment which in turn increased the demand for labor and increased the pressure on improving wages of labor.

4 0
3 years ago
A certain company has purchased new swivel chairs for its employees. The company made the purchase on a credit plan at Buy Right
Digiron [165]

Answer:

Original price= $23,158.58

Explanation:

Giving the following information:

The company purchased a credit plan at Buy Right. Their monthly payments are $1,000 for 2 years. Buy Right will charge 3.45% per year compounded monthly.

First, we need to calculate the final value, using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly pay= 1,000

i= 0.0345/12= 0.002875

n= 12*2= 24

FV= {1,000*[(1.002875^24) - 1]}/ 0.002875

FV= $24,810.48

Now, we can calculate the original price:

PV= FV/(1+i)^n

PV= 24,810.48/ (1.002875^24)

PV= $23,158.58

5 0
2 years ago
Other questions:
  • If the interest rate on cds increases from 5% to 10%, the opportunity cost of holding money will ______ and the quantity demande
    15·1 answer
  • You can invest $100,000 into either project A or B. You estimate that A would succeed with a probability of 0.6 in which case it
    7·1 answer
  • If you see potential conflict you should
    7·1 answer
  • Paul has been forced to retire from his company after over 30 years of employment. compared with his peers who voluntarily retir
    15·1 answer
  • Suppose changes in autonomous consumption affect investment while changes in autonomous government spending do not. in this case
    6·1 answer
  • Samantha, a famous artist, has a contract with Alec to paint his portrait for $6,000. Samantha is very busy and wants to delegat
    8·1 answer
  • Configuration management is the same as change management. <br> a. True <br> b. False
    14·1 answer
  • How to overcome the challenges that affect the quality of teaching science?​
    7·1 answer
  • Suppose that actual inflation is 3 percent, the Fed's inflation target is 2 percentage points, and unemployment rate is 3 percen
    15·1 answer
  • Darden has beginning equity of $284,000, total revenues of $70,000, and total expenses of $32,000. the company has no other tran
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!