Imagine that your client, Hillside County Forest Preserve (HCFP), is considering how best to protect their natural lagoons. They have asked for your help, and you have found the following/
Assume all costs and benefits above are expressed in present values.
a. Which option has the higher expected benefit to society? Show the decision tree that supports your answer.
b. What would the likelihood of success of LPP need to be for enacting it to have the same Expected Value as not enacting it?