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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › public appraisal
Suppose that public visits a creation park from 2 cities P&F each with population of 1million people . entrance to the park is free.City P is near and by and the travel cost to the park is 100Sh per visit while city F is further away and travel costs is 200sh per visit . A Survey has revealed that 80000 visits are made by people from city p and 40000 visits by people from city F .Difference is attributed by travel costs.required
a)net recreational value value of the park to the residence of city P
b)net recreational value value of the park to the residence of city f
c)suppose government subsidizes travel costs of City F by half show the change in net recreational value to F residence and indicate which visitors are affected
And your answer is?
actually need your help its confusing
I’m not sure that I see anything in the question that is pertinent to P7
Or am I wrong?
Where’s the question from?
True this is public appraisal quiz
Then answer it – it has nothing to do with me nor P7
Sorry 🙁
