What is "non-market value". Give an example

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asked Mar 21, 2022 169k views

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Dan Mackinlay · Answer 1 · 2022-03-27T17:41:31+0000

Answer:

Their economic value -how much people would be willing to pay for them- is not revealed in market prices. ... The only option for assigning monetary values to them is to rely on non-market valuation methods.

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What is "non-market value". Give an example

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