_____ is a polling process in which people are asked to put a dollar amount on some aspect of nature.
A) Risk assessment
B) Contingent valuation
C) Cost-benefit analysis
D) Exposure assessment

Question

Quizplus · Accepted Answer

Contingent valuation is a polling process in which people are asked how much they would be willing to pay, or put a dollar amount on some aspect of nature such as a natural resource, endangered species, or conservation program. It is a method used to estimate the economic value of environmental goods and services that do not have a market price.

_____ Is a Polling Process in Which People Are Asked