1. (30 points) Consider a travel cost method to quantify the use value of Nam-San Tower. For every year, the expected number of visitors is 300,000 . We assume the linear demand function for an individual such that V=+T2+TP where V denotes the total number of visiting for an individual. T is the transportation cost and P is the entrance fee. (1) (10 pts) Provide a graphic explanation about consumer surplus derived from the Marshallian demand curve for V with respect to P. (2) (10 pts) A representative consumer has values of =2.0.=0.1.=0.2 and T=3. Using these values, provide your answers for the individual consumer surplus, (3) (5 pts) What is the total use value from the expected number of visitors? (4) (5 pts) What are the potential risks of analysis when CVM is applied instead of travel cost method for the study of use value of Nam-San Tower