Unformatted text preview: take 6 trips per year. Finally, area A people can wander in for free, and they do so 15 times per year. Using this information, derive a demand curve that plots the relation between travel costs and visits. In addition, determine the total consumer surplus for people living in areas A, B, and C. B C A...
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- Fall '07
- Supply And Demand, travel costs, total consumer surplus, Cost Method Assume