2. Alice's demand for visits to a recreation site is q = p, where q is the number of trips and p is the cost to Alice of visiting the site (i.e., this is her trip generating function). You have observed Alice take 10 trips in a year when the cost was $35 per trip, and 30 trips in a year when gas prices were lower and the cost was $25 per trip. a. What are the values of and ? b. How many trips will Alice take if the cost is $15 per trip? c. The cost per trip for Alice is currently $20. A proposal has been made to increase the access fee by $10. How much would Alice be WTP to prevent the price increase? d. After conducting your analysis you learn that Alice's trip costs did not include the value of her time while traveling to and from the site. If you conducted the analysis again, this time including the value of her time, would you expect your estimate of her WTP to prevent the fee increase to be lower, the same, or higher? Why? Fully explain your answer. WTP is willingness to pay