How can the given fact be used to place a lower bound


Problem

People are observed traveling a long distance to visit an area of scenic countryside. How can this fact be used to place a lower bound on their valuation of the countryside?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: How can the given fact be used to place a lower bound
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