I'II-UI IUI I II'H-M-l 2. (Travel Cost Approach) There is a resort. Visitors to vacation spots are divided into three areas by beggar. In order to evaluate the value of this resort, the travel demand function between the travel cost and the number of visitors was estimated as follows. Vi/Ni = 1-0.2TCi Vi: Number of visitors to the region i Ni: population in the region i TCi: travel expenses from the region i to the resort However, it is assumed that there are no differences in other socioeconomic variables except travel costs for each region and no admission fee for vacation spots. The population and travel costs of the three regions are as follows. Region i :fPU'aO\" 335940 1 10 1 2 2O 2 3 10 3 4 3O 4 (1) Derive the total demand function for this natural resort and plot the total number of visitors as a function of travel expenses (2) Evaluate the value of this resort