Engineering, 14.10.2021 03:00 qveenvslayin
The Boundary Waters Canoe Area Wilderness (BWCA) located in northeastern Minnesota, has 1 million acres of wilderness, 1,000 waterways, and 1,500 miles of canoe routes. While some youth, for example those in the Boy Scouts, are on high-adventure treks for 10 days at a time, it is common to have the rest of their family take advantage of the opportunity to also enjoy the BWCA area. A new area for this purpose is to be developed and will have an equivalent annual cost of $30,000, including initial cost, operating, upkeep, and security It is estimated that 250 families will camp for 8 days each during the summer season, and another 2,200 persons will be admitted for single-day use of the facilities.
Required:
If a similar campground charges $12.50/night for camping privileges, how much would the single-day users need to be charged to make the new area worthwhile?
Answers: 1
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The Boundary Waters Canoe Area Wilderness (BWCA) located in northeastern Minnesota, has 1 million ac...
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