Brookshire et al. (1982) were interested in how much people would be twp in increase air quality in their community. to find the value of improving air quality, they surveyed 290 individuals over 90 communities about their willingness to pay for cleaner air. this is an example of:
select one:
a. a revealed preference method
b. a hedonic price analysis
c. a use value
d. a stated preference method

Alocal club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?

Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.

Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital