Consider the town of Springfield with only three residents…..
Consider the town of Springfield with only three residents.. The three residents are trying to determine how large, in acres, they should build the public park. The following table shows each resident’s willingness to pay for each acre of the park. Acres Willingness to Pay (Dollars per acre) 1 10 24 6 2 8 18 5 3 6 14 4 4 3 8 3 5 1 6 6 0 4 1 7 0 2 0 Suppose the cost to build the park is per acre. How much would the resident wearing the solid blue t-shirt need to increase willingness to pay per acre to build a 5 acre park? Please enter your answer as a whole number without units. Do not enter “$”.