The Mount Emerald Wind Farm will be Queensland's largest wind farm once construction is completed. Nearby cattle farmers complain that the wind farm will adversely affect their cattle's wellbeing. Energex is the state power producer who will operate the wind farm. No Wind Farm Gains to Farmers ($) 200 Gains to Energex ($) 10 Total ($) 210 How much would both parties receive if "cash on the table" was equally divided between them from constructing the wind farm? Answer to the nearest whole number in dollars (with no decimal places, $ sign, space or commas). Wind Farm 62 600
The Mount Emerald Wind Farm will be Queensland's largest wind farm once construction is completed. Nearby cattle farmers complain that the wind farm will adversely affect their cattle's wellbeing. Energex is the state power producer who will operate the wind farm. No Wind Farm Gains to Farmers ($) 200 Gains to Energex ($) 10 Total ($) 210 How much would both parties receive if "cash on the table" was equally divided between them from constructing the wind farm? Answer to the nearest whole number in dollars (with no decimal places, $ sign, space or commas). Wind Farm 62 600
Chapter1: Making Economics Decisions
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
Transcribed Image Text:QUESTION 9
The Mount Emerald Wind Farm will be Queensland's largest wind farm once construction is completed. Nearby cattle
farmers complain that the wind farm will adversely affect their cattle's wellbeing. Energex is the state power producer
who will operate the wind farm.
Gains to Farmers ($)
Gains to Energex ($)
Total ($)
No Wind Farm
200
10
210
Wind Farm
62
600
How much would both parties receive if "cash on the table" was equally divided between them from constructing the
wind farm? Answer to the nearest whole number in dollars (with no decimal places, $ sign, space or commas).
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