Categorize each of the following funding schemes asexamples of the benefits principle or the ability-topay principle.a. Visitors to many national parks pay an entrancefee.b. Local property taxes support elementary andsecondary schools.c. An airport trust fund collects a tax on each planeticket sold and uses the money to improve airportsand the air traffic control system.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Categorize each of the following funding schemes as
examples of the benefits principle or the ability-topay principle.
a. Visitors to many national parks pay an entrance
fee.
b. Local property taxes support elementary and
secondary schools.
c. An airport trust fund collects a tax on each plane
ticket sold and uses the money to improve airports
and the air traffic control system.

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