A Disadvantage of the Travel Cost Method Is

question 36

Multiple Choice

A disadvantage of the travel cost method is

• A) it cannot determine monetary values
• B) it estimates only user value and not existence value
• C) it focuses on recreational use making it ineffective for commercial use
• D) all of the above
• E) (b) and (c) only

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Definitions:

Returns

The profit or loss derived from investing or saving, often expressed as a percentage of the initial investment.

Canadian Common Stocks

Shares representing equity ownership in corporations based in Canada, entitling holders to vote on corporate matters and receive dividends.

Long Bonds

Bonds with a long duration to maturity, typically over 10 years, often associated with higher risk but higher yield.

Capital Gains Yield

The price appreciation component of the total return on an investment, calculated as the increase in the investment's price divided by its initial price.