Table 11-1
Consider the town of Springfield with only three residents, Sophia, Amber, and Cedric. The three residents are trying to determine how large, in acres, they should build the public park. The table below shows each resident's willingness to pay for each acre of the park. 
-Refer to Table 11-1. Suppose the cost to build the park is $9 per acre. How large should the park be to maximize total surplus from the park in Springfield?
Definitions:
Drawing Account
An account used by sole proprietors or partners to record the money withdrawn from the business for personal use.
Capital Account
Refers to a financial statement that shows the changes in a company's equity during a specific period due to transactions with its owners, such as stock issuance and dividend payments.
Genuine Progress Indicator
An economic measure that includes well-being and sustainability, beyond just economic transactions.
Gross Domestic Products
The total value of all goods and services produced over a specific time period within a country's borders.
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