Identify the correct statements from below:
(A) According to environmental valuation theory, option value = future use value + bequest value + vicarious value
(B) Adverse selection leads to market failure
(C) Contingent valuation method is a type of cost benefit analysis
(D) Public good and common goods have same characteristics
(E) Internal rate of return is a criterion in cost benefit analysis
Choose the correct answer from the options given below:
1
(A) and (B) only
2
(A), (C), (D) only
3
(A), (B), (E) only
4
(C), (D), (E) only