Q1) Compare and contrast cost effectiveness analysis with cost-benefit analysis.
Q2) How is a financial (accounting) analysis different from an economic analysis?
Q3) What is NEPA?
Q4) What sorts of values (categories and examples) would go into a TEV of Colorado ranchlands?
Q5) Which is not an example of nonconsumptive use value of water?
a) Drinking a glass of water
b) Water skiing
c) Fly fishing
d) Watching the sunset over horsetooth reservoir
Sample Solution