Use the attached file to complete this assignment. As a best practice, save this file as Lastname_310_CaseStudy1.docx, .doc, or .pdx. Upload the completed file here for review. This file will be run through the Turnitin software. For this assignment, you will also need to record and share an audio file, which can be done here…

In Chapter 4, Tietenberg & Lewis outline various ways in which economists can put a value on the environment. What concept do economists use to measure value? Do you think its right to put a value on nature? Is there a downside to not putting a value on the environment?