Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

The city council has approved the construction of a water park in your town. You know that the water park will increase the traffic flow in the streets around the water park. There are both businesses and neighborhoods adjacent to the increased traffic flow. The cost to the community is estimated to be $6 per person. Graph the market for water park business, labeling the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output. Also, note the per unit amount of the externality. You also know that the water park will have events in the evening. This will increase both foot traffic and street traffic at night. You believe this will improve the safety of the surrounding businesses, with an estimated benefit of $3 per water park attendee. Create a new graph illustrating the market for water park business for these two externalities. Label the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output. Also, note the per unit amount of both externalities.

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M9894252

Have any Question?


Related Questions in Homework Help/Study Tips

Assignmenthow did respect for diversity help you with your

Assignment How did Respect for Diversity help you with your research this week? Write down at least one specific aspect of Respect for Diversity that you need to still develop and describe how you could work on developin ...

Please address the following tasks in a 1-2-page essay

Please address the following tasks in a 1-2-page essay, complete with a title page, reference page and citations. 1. Define and explain community policing as currently practiced in the U.S. 2. From your review of the U.S ...

Write a two page paper that discusses what policies were

Write a two page paper that discusses what policies were missing in the below particular case. Do additional research than what was provided in the text. Use APA format. Cite your sources. Public Sector : - - State of Te ...

Object-oriented software development1 introduction 11

OBJECT-ORIENTED SOFTWARE DEVELOPMENT 1. Introduction 1.1 Assignment Requirement 1.2 Deliverables and Structure (what to submit) 1.3 Software Restrictions 1.4 How to score high... 1.5 Assumptions 2. System Requirements 2. ...

What is the difference between weather and climate give an

What is the difference between weather and climate. Give an example of weather and an example of climate.

Assignment interpersonal communication at your

Assignment : Interpersonal Communication at Your Workplace For this assignment, you have the opportunity to apply what you have learned from the assigned module readings and any additional research you may have done. You ...

Objectivesthis assessment item relates to the course

Objectives This assessment item relates to the course learning outcomes numbers 2, 3, 5 and 6 as stated in the online course profile. Details For your creative work you are going to design, specify, implement and test a ...

Question 1 in your own words what are the 3 most important

Question 1: In your own words, what are the 3 most important concepts, ideas or issues in the reading? Briefly explain why you chose them. Question 2: What are 2 concepts, ideas or issues in the article that you had diff ...

Business psychology coaching and mentoring assessment -

Business Psychology, Coaching and Mentoring Assessment - Poster Presentation Assessment Description - "The greater danger for most of us isn't that our aim is too high and we miss it, but that it is too low and we reach ...

Question this podcast preventing malnutrition addressing

Question: This podcast, Preventing Malnutrition: Addressing Undernutrition in Young U.S. Children by Dr. Robert Murray, will provide a good foundation for understanding child nutrition and growth challenges. Please liste ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As