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

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