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A. You are evaluating the annual benefit of a recreation site that has no admission fee. The only information you have is the data in

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A. You are evaluating the annual benefit of a recreation site that has no admission fee. The only information you have is the data in the table plus the fact that there would be some visits from town X if it was a little less expensive to get to the site. 2 3 4 Annual Population visits to in Cost of visit site thousands when P = 0 9,000 10 X 0 30 1. How many visits would there be at each of the following prices: P = $0 and P = $40. Explain why. 2. What is your estimate of the total annual benefit

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