Question
A proposal has been submitted for the construction of a new public swimming pool. The total expense of the project is 50 million dollars and
A proposal has been submitted for the construction of a new public swimming pool. The total expense of the project is 50 million dollars and the Brisbane City Council is planning to fund the entire project without federal or state government support. If the only people to receive any benefit from the swimming pool are those that visit it, and the visitors are estimated to make 241508.5 visits per year, over the next 3 years, what is the minimum the visitors must value each visit if the construction of the new swimming pool is to be efficient?
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