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An analyst is trying to determine the net social benefits generated by the city's public swimming pool. At the current admission price of $2.00, 800
An analyst is trying to determine the net social benefits generated by the city's public swimming pool. At the current admission price of $2.00, 800 individuals visit the pool annually. The total cost of the pool is $2000 annually. Thus, the poof runs a deficit of $400. The demand function is: Q=(4000/3)-(800/3)*P What would be the gross benefits under a free admission policy? 20000/3 2000/3 8000/6 O 10000/3
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