Question
2. A site with two access entrances used mainly for recreational fishing is threatened by development in the surrounding area. Pollution and other impacts from
2. A site with two access entrances used mainly for recreational fishing is threatened by development in the surrounding area. Pollution and other impacts from this development could destroy the fish habitat at the site, resulting in a serious decline in, or total loss of, the sites ability to provide recreational fishing services. Resource agency staff want to determine the value/demand of programs or actions to protect fish habitat at the site. They may consider introducing a fee for recreational fishing to use the funding to preserve the site:
Origin Visits Population Per Capita Visitation Rate Total "Travel Cost" #1 400 10000 $ 20.00 #2 2400 30000 $ 10.00
1) Generate participation function with Visitation Rate and Travel Cost.
2) Generate individual demand function for each origin with visitation rate and site fee.
3) Generate aggregate demand function for each origin with total quantity of visits and site fee.
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