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Business, 07.06.2020 03:01 gabby640

Assuming the lake has no non-use value, what is the total annual economic value of lake S (assuming no fees are being charged)? Hint: Draw the three individual demand curves, find the total WTP (when fee=0), multiply those by the population, and add them up to get the full benefit. See the in-class travel cost example spreadsheet.

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Assuming the lake has no non-use value, what is the total annual economic value of lake S (assuming...
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