an off-shore windfarm is likely coming to north carolina, and beachfront property owners are concerned about potential property value impacts. to monetize these impacts, one could use the nonmarket valuation technique. select one: a. averting behavior. b. travel cost. c. hedonic. d. contingent valuation.

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Lovely1592 Lovely1592

21-10-2022
Business

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an off-shore windfarm is likely coming to north carolina, and beachfront property owners are concerned about potential property value impacts. to monetize these impacts, one could use the nonmarket valuation technique. select one: a. averting behavior. b. travel cost. c. hedonic. d. contingent valuation.

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ANJALIMARDI ANJALIMARDI · Answer 1 · 2022-10-27T13:47:06+02:00

One could use the hedonic non-market valuation technique to monetize the impacts on property value.

What does monetize mean?

Monetization is described as a method through which something is converted into an asset that can generate money.

The hedonic non-market valuation technique is described as a non-market value evaluation method. It attempts to segregate the impact of the non-market features like noise pollution, nearness of properties to beaches, and nearness to a landfill area on an asset or any property.

It can e concluded that one could use the hedonic non-market valuation technique to monetize the impacts on property value.

To know more about monetization, check this link:

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