What is the annual consumer surplus for swimming trips


Problem

The town of Boone has asked you to estimate the total consumer surplus of swimming trips to their outdoor pool. They charge $5 for entry and get an annual attendance of 100,000 visitors. This is the only data point we know. However, Blowing Rock also have an outdoor pool. They charge $7.50 for entry and get an annual attendance of 75,000 visitors. Assuming that we can also use the Blowing Rock data as an analogous private-sector good, map out the demand curve for swimming trips to the Boone pool below. What is the annual consumer surplus for swimming trips to the Boone pool?

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Biology: What is the annual consumer surplus for swimming trips
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