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29) (10 points) Suppose you are a conservation biologist working for the City of Long Beach. A developer has approached the City about developing El
29) (10 points) Suppose you are a conservation biologist working for the City of Long Beach. A developer has approached the City about developing El Dorado Park (see Figure). Your job is to help determine the value (economic and ecological) of the property in order to determine whether it should be kept or sold. El Dorado Park is a partially wooded park ( 388 acres) that features a spacious community center, night-lighted basketball and volleyball courts, softball and soccer fields, skate park, six group picnic sites available for reservation, a disc golf course, a tennis center, an 18-hole golf course, playground equipment, multiple duck ponds and two lakes stocked with fish. There is a cost per vehicle to enter (Monday - Friday $5.00, Saturday - Sunday $7.00, Holidays - $8.00) and yearly passes are available (\$52.00, Seniors/Disabled: $31.00 ). (a) Explain one method (with specifics) to determine a direct use value for the resources in the park. Please state which specific value(s) you are utilizing. (b) Explain one method (with specifics) to calculate indirect use value of an ecosystem service for the park. Please state which specific value(s) you are utilizing. (c) Explain one method (with specifics) to calculate the intrinsic (or non-use) value of an ecosystem service for the park. Please state which specific value(s) you are utilizing
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