No dogs allowed.odt - NO DOGS ALLOWED \u2022 \u2022 \u2022 1 What economic question(s does this case require the town to ask(2 points Should the dog park be

No dogs allowed.odt - NO DOGS ALLOWED • • • 1 What...

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NO DOGS ALLOWED1. What economic question(s) does this case require the town to ask? (2 points) Should the dog park be built?Should the schools be expanded?Should the land be sold to the man who wants to build luxury homes?2. List the possible resources that the town would need to construct and maintain the park. (2 points) FencingWaste bag dispensersPlayground-like areaTrash pick upPlaces to sitStaff3. What town resource(s) are scarce? (1 points) MoneyMaterialPublic space4. Who will be the consumers using this public good? (2 points) The public who own dogs7,000 registered dogsUnknown amount of unregistered dogs5. What is the opportunity cost of building this park? Explain. (5 points) The opportunity cost is the fact that the city was offered 850,000 to build 40 new luxury homes.6. Identify at least one pro and one con for each of the following options: (5 points)a. Pro: saving the town money and other resources – Con: waste of spaceb. Pro: Homes would be built – Con:a dog park is still needed
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  • Fall '16
  • Sharla Capers

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