Asked by Colin Hilgendorf on May 08, 2024
Verified
Biodiversity is comprised of two components-existence values and instrumental value.
Existence Values
The value that people place on knowing that a particular natural environment, species, or cultural heritage exists, even if they will never experience it directly.
Instrumental Value
The value attributed to something for its usefulness in achieving a desired end or purpose, rather than for its inherent qualities.
- Understand the dual components of biodiversity and its value.
Verified Answer
Learning Objectives
- Understand the dual components of biodiversity and its value.
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