I need answers from part 9 till 13. Question 13 part b is How many stories will Donald build? Please answer all the parts from 9 to 13
TT Property Rights Ignoring Hillary, how many atorias would Donald build his cando? Number of Marginal Value Total Value of Marginal Value of Total Value of the 5. Given your anewer above, how much total harm would this impose on Hillary? Stories of each Story to the Condo to each 's hour of lost lost sun to Hillary Donald Donald sun to Hillary Given your answer in the previous question, how much would Hillary be willing and able to pay $2,500 $2,500 $25 $25 Donald to reduce the height of the condo by one story? Z,390 1,090 Suppose that the law in this Florida city grants the land owner the right to the runlight. In 2.310 7.200 295 this case, Ilillary "owns" the sunlight that would fall on her pool. If Donald wants to take away 9,30 164 561 some of Hillary's sunlight, he will have to purchase these rights from Hillary. If this right is exclusive and waneferable, and transaction costs are zero, how many stories of Condo will Donald 11.378 501 build? 1,904 13,282 608 1,830 15,020 g. 2,773 Suppose that this city in Florida wants to encourage the building of high rise condos and 10,347 gives Donald the right to build the condo as high as he wants without having to pay Ilillary for 1,348 the lost sunlight. Donald is given the exclusive and transferable rights to the sunlight. If 1,456 12,002 1,457 5,579 transaction costs are zero, how many stories will Donald choose to build?_ 10 1,370 19,373 1,307 1,143 9.. 11 20,573 What is the minimum total amount that Hillary would have to pay Donald to induce him to build 2,865 the number of stories you determined in the previous question? 12 1,077 21,650 1,890 10,755 13 905 22,635 ,942 10. 12,69 Donald is now going to build die condo to the height determined in question S. 14 743 23.378 ,993 14.690 a What is the total value of the harm Hillary and Donald do to each other (Ignore any 15 24,069 2,185 16,875 payment from Hillary to Donald)? 16 604 24,673 2,310 19.185 17 If Donald chose one more story than he had decided to build in question 6, what is the 370 25,249 2,390 21,575 value of the wiel harm they do to each ollie? 421 25.670 2,500 74 075 19 20,04 2,030 11. 20,725 Donald has the exclusive and transferable rights to the sun light and Hillary has already paid him 20 255 26,302 the amount you determined in question 9. Now Hillary discovers that the swimming pool can be 20,523 moved a few feet from its current location and avoid the shadow of the rando completely. 21 26,465 2,900 regardless of how many stories it is built It will cost $13,000 to move the pool 22 26,504 3,153 35,579 a 23 26,446 3,26 38.842 If transaction costs are zero, will the pool be moved? 24 26,256 3,390 42.232 How many stories will Donald build? A resident in Florida, Hillary, has just built a new home with a swimming pool surrounded by a hasufiful 12 . Start over: Hillary has the exclusive and transferable rights to the sunlight. Donald has sun deck. Hillary expects that most of the year her pool will get at least 12 hours of sun. However, a purchased those rights hirough a contact and paid Hillary the agreed upon money. Now Donald greedy capitalist, by the name of Donald, has decided to build a high rive condominium next door to discovers that the pool could be moved for $13,000. Hillary. The condo will cast a shadow un Hillary's pool, blocking out several hours of sun. How many hours of sun will be blocked will depend upon the height of the condo. Each story added to the condo a If transaction costs are zero. will the pool be moved? will block another \\ hour of sun on the pool. The table above shows the marginal and total value to Donald of each extra story added to the condo. It also shows the marginal and total value of each is hour How many stories will Donald build? of sunlight to Hillary. All values are prevent values measured in dollars and a story is not divisible. According to the table, the first story of the condo is worth $2,500 to Donald, while the value of the lost 13. Start over again, The government does not give anyone the rights to me sun. Instead, the hour of sun to Hillary is $25. Unless otherwise noted, transaction costs are assumed to be zero. Use government requires Donald to pay for a building permit before he can build any condo. The this table for the question: 4 - 13 price of the permit is $1500 per story of condo. The pool can still be moved for $13,000. Will they