Solved: Why are most environmental resources un-priced or, Macroeconomics

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Why are most environmental resources un-priced or

Why are most environmental resources un-priced (or under-priced) and what are the consequences of this? Under what circumstances is it desirable to monetize priceless environmental amenities? Briefly describe three methodologies for monetizing environmental amenities. What is the difference between passive use & direct use benefits?

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Macroeconomics: Why are most environmental resources un-priced or

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