Answer in true or false1 improvements in environmental, Ask an Expert

Economics

Answer in true or false

1. "Improvements in environmental quality of a recreational site will, all other things being equal, increase consumer surplus of individuals that visit the site."

2. When considering benefits and costs that occur at different points in time, there is no need to use discounting if the project occurs over a time period without inflation.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9531156

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