question 4 8 marks recommended word limit 600 words this section compr
Question 4 (8 marks - recommended word limit: 600 words): This section comprises two parts:
Q4a) Using the literature review in Question 3, suggest one specific technique which may best be
applied to valuate (specific) environmental or social impacts of The Project into monetary benefits
or costs. In answering this question, you need to specify the type of impacts and justify why this
proposed technique are the most appropriate non-market evaluation techniques for The Project.
Q4b) For the technique answered in Q4a, conceptually describe how it would be applied to The
Project, what data you would need to collect, what methods of collecting data are most
appropriate, and what assumptions we need to make in extrapolating the estimate in the case of a
survey on a sub-set of population being suggested. In responding to this part, you should clearly
demonstrate evidence of a wider literature review and use case studies to strengthen your
*The amount will be in form of wallet points that you can redeem to pay upto 10% of the price for any assignment. **Use of solution provided by us for unfair practice like cheating will result in action from our end which may include permanent termination of the defaulter’s account.Disclaimer:The website contains certain images which are not owned by the company/ website. Such images are used for indicative purposes only and is a third-party content. All credits go to its rightful owner including its copyright owner. It is also clarified that the use of any photograph on the website including the use of any photograph of any educational institute/ university is not intended to suggest any association, relationship, or sponsorship whatsoever between the company and the said educational institute/ university. Any such use is for representative purposes only and all intellectual property rights belong to the respective owners.