Suppose you are hired by the homeowners located around a lake to determine the benefits of improving the water quality in the lake. Briefly discuss 3 different methods that you could employ to try to estimate the benefits. For each method, discuss if the method estimates use value, non-use value or both. Discuss whether or not you have a most-preferred method.

750 h and costs $0.60 per bulb.

answer; /// egg production using the factory technique falls less than with the free range technique;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.