Recreation Example: You manage a local backcountry area that has historically allowed dispersed camping. Currently, anyone is able to camp overnight with no restrictions or fees. You have noticed that over time, the number of people camping in the area has increased and impacts of human use is noticeable. You do some market analysis and determine the private costs and benefits for a number of campers at the site. This information is partially listed in the table below. A. Fill in the rest of the table above using the headers outlined. This process should mirror closely what we did in lecture and the example from your quiz.

B. Identify the privately efficient number of campers (the number of campers we would expect to enter this open-access resource without any changes to policy).

C. Identify the socially efficient number of campers (the number of campers as the manager of the resource we would hope to achieve with policy).

D. You have heard from managers of other dispersed camping ground across the state that charging a fee per night at reducing the number of people camping. You are considering a tax of $5, $8, or $10 on each permit (each overnight). Which tax will lead the privately efficient number of campers to equal the socially efficient number of campers? Show this by completely filling in the table below with the correct tax amount incorporated.

1) (25 points) Recreation Example: You manage a local backcountry area that has historically allowed dispersed camping. Currently, anyone is able to camp overnight with no restrictions or fees. You have noticed that over time, the number of people camping in the area has increased and impacts of human use is noticeable. You do some market analysis and determine the private costs and benefits for a number of campers at the site. This information is partially listed in the table below. a. Fill in the rest of the table above using the headers outlined. This process should mirror closely what we did in lecture and the example from your quiz. b. Identify the privately efficient number of campers (the number of campers we would expect to enter this open-access resource without any changes to policy). c. Identify the socially efficient number of campers (the number of campers as the manager of the resource we would hope to achieve with policy). d. You have heard from managers of other dispersed camping ground across the state that charging a fee per night at reducing the number of people camping. You are considering a tax of $5,$8, or $10 on each permit (each overnight). Which tax will lead the privately efficient number of campers to equal the socially efficient number of campers? Show this by completely filling in the table below with the correct tax amount incorporated. ote, you do not have to fill in a new table for each tax/fee but you do have to turn in a completed table with the otimal tax rate