Secound (Use or not used) 3rd blank option are (between $2,000 and $3,000), ($0)

Question

Secound (Use or not used)

3rd blank option are (between $2,000 and $3,000), ($0), (between $3,000 & $5,000) or ( betweeen $0 and $2,000)

4 blank (use or not use)

5 blank (between $2,000 and $3,000), ($0), (between $3,000 & $5,000) or ( betweeen $0 and $2,000)

Consider a town with a lake. The town has a campground whose visitors use the lake for recreation. The town also has a tannery that creates industrial waste, which it dumps into the lake. This pollutes the lake and makes it a less desirable vacation destination. That is , the tannery's effluent decrease the campground's profit. Throughout this problem, assume that negotiations are costless.

Explanation / Answer

1.) Used

2.) Use

3.) 0

4.) Use

5.) Between $3000 & $5000

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