all questions are connected. please give detailed qnswer

Question 26 Not yet answered 3. Regina is a mid-sized city located in the middle of Saskatchewan's prairie, or grasslands, region of the province. Very few, if any, trees grow naturally in the region. Given this, most trees in Regina have been planted by hand. Marked out of 4.00 p Flag question Trees bring many different types of environmental and social benefits to the community and its citizens. Benefits include removing air pollution and producing oxygen, improving water drainage/reducing erosion, creating habitat for wildlife, providing shade, making a city attractive and making nice parks and leisure spaces. The table below describes the market for trees in Regina. Use it to answer the following questions. Regina Tree Market Qo Qs Regina Tree Market P 00 Privalo Social 000 000s Private 000s 21 20 $/Trose 120 115 110 105 100 19 18 17 95 90 oooons no 16 15 14 13 85 80 oooooooo-nosnoN9009 75 70 12 11 7 8 65 10 60 9 SS 8 10 11 50 7 6 45 40 12 13 14 S 35 4 30 3 15 16 25 20 15 11 12 13 14 2 1 17 18 0 10 15 0 5 16 19 20 21 0 0 17 0 Question 27 Not yet answered b) Homeowners or businesses planting trees creates an externality. What type of externality is created? Wha is the socially optimal quantity of trees, and the price associated with the socially optimal quantity, with the externality? Why? Which demand curve is used? Make sure to explain your rationale thoroughly. (4 marks) Marked out of 4.00 Flag question = = I Question 28 Not yet answered Marked out of 4.00 c) The City of Regina's Parks, Recreation and Culture department wants to create a new tree planting program to incentivize homeowners and businesses to plant the socially optimal quantity of trees. Under the program, the City will partially reimburse households or businesses for the cost to purchase a tree. How much money per tree does the City need to reimburse households and businesses to incent them to get to the socially optimal quantity? What type of 'subsidy' is the City's tree planting program? How much of the subsidy goes to households/businesses (i.e. the buyers) and how much goes to the garden centers (i.e. the sellers)? How much will the tree planting cost the City annually? Make sure to explain your rationale thoroughly. (4 marks) Flag question Hint: think of the price the seller receives and the price the buyer pays with the subsidy. TIL . estion 29 yet vered sed out of d) The new mayor, Sandra Masters-Commander, and City Council are determining whether to support the Administration's recommendation to create the new program. You are the Mayor's senior advisor. Mayor Masters-Commander has asked you to evaluate the Administration's request and make a recommendation. Do you recommend or not recommend the City create the program? Why or why not? Use the information in a)-c) to support your recommendation to the Mayor. Your answer should also consider how the City will pay for the program. (4 marks) Hint: you can effectively argue for or against the program i.e. there is no right or wrong answer). ng question A - B I ? Question 30 e) Draw a graph of the Regina tree market using parts a), b) and c). (4 marks) Not yet answered Marked out of 4.00 Flag question stroke Question 26 Not yet answered 3. Regina is a mid-sized city located in the middle of Saskatchewan's prairie, or grasslands, region of the province. Very few, if any, trees grow naturally in the region. Given this, most trees in Regina have been planted by hand. Marked out of 4.00 p Flag question Trees bring many different types of environmental and social benefits to the community and its citizens. Benefits include removing air pollution and producing oxygen, improving water drainage/reducing erosion, creating habitat for wildlife, providing shade, making a city attractive and making nice parks and leisure spaces. The table below describes the market for trees in Regina. Use it to answer the following questions. Regina Tree Market Qo Qs Regina Tree Market P 00 Privalo Social 000 000s Private 000s 21 20 $/Trose 120 115 110 105 100 19 18 17 95 90 oooons no 16 15 14 13 85 80 oooooooo-nosnoN9009 75 70 12 11 7 8 65 10 60 9 SS 8 10 11 50 7 6 45 40 12 13 14 S 35 4 30 3 15 16 25 20 15 11 12 13 14 2 1 17 18 0 10 15 0 5 16 19 20 21 0 0 17 0 Question 27 Not yet answered b) Homeowners or businesses planting trees creates an externality. What type of externality is created? Wha is the socially optimal quantity of trees, and the price associated with the socially optimal quantity, with the externality? Why? Which demand curve is used? Make sure to explain your rationale thoroughly. (4 marks) Marked out of 4.00 Flag question = = I Question 28 Not yet answered Marked out of 4.00 c) The City of Regina's Parks, Recreation and Culture department wants to create a new tree planting program to incentivize homeowners and businesses to plant the socially optimal quantity of trees. Under the program, the City will partially reimburse households or businesses for the cost to purchase a tree. How much money per tree does the City need to reimburse households and businesses to incent them to get to the socially optimal quantity? What type of 'subsidy' is the City's tree planting program? How much of the subsidy goes to households/businesses (i.e. the buyers) and how much goes to the garden centers (i.e. the sellers)? How much will the tree planting cost the City annually? Make sure to explain your rationale thoroughly. (4 marks) Flag question Hint: think of the price the seller receives and the price the buyer pays with the subsidy. TIL . estion 29 yet vered sed out of d) The new mayor, Sandra Masters-Commander, and City Council are determining whether to support the Administration's recommendation to create the new program. You are the Mayor's senior advisor. Mayor Masters-Commander has asked you to evaluate the Administration's request and make a recommendation. Do you recommend or not recommend the City create the program? Why or why not? Use the information in a)-c) to support your recommendation to the Mayor. Your answer should also consider how the City will pay for the program. (4 marks) Hint: you can effectively argue for or against the program i.e. there is no right or wrong answer). ng question A - B I ? Question 30 e) Draw a graph of the Regina tree market using parts a), b) and c). (4 marks) Not yet answered Marked out of 4.00 Flag question stroke