In the winter of 1985, the ODA grappled with the problem of gypsy moth infestation in Lane County in western Oregon. Forest industry representatives argued strongly for an aggressive eradication campaign using potent chemical insecticides. The ODA instead propose a plan that involved spraying most of the affected area with BT (Bacillus thuringiensis), a bacterial insecticide known to be (1) target-specific (that is, it does little damage to organisms other than moths), (2) ecologically safe, and (3) reasonable effective. As well as using BT, the ODA proposed spraying three smaller areas near the city of Eugene with the chemical spray Orthene. Although Orthene was registered as an acceptable insecticide for home garden use, there was some doubt as to its ultimate ecological affects as well as its danger to humans. Forestry officials argued that the chemical insecticide was more potent than BT and was necessary to ensure the eradication in the most heavily infested areas. Environmentalists argued that the potential danger from the chemical spray was too great to warrant the use. Some individuals argued that spraying would not help because the infestation already was so advanced that no program would be successful. Others argued that an aggressive spray program could solve the problem once and for all, but only if done immediately. Clearly, in making its final decision the ODA would have to deal with many issues. Question 1 (1 point) In the case study presented in class "Gypsy Moth and the Oregon Department of Agriculture", identify and discuss the following: 1.) the stake holders in the decision 2.) the decision maker 3.) the four elements of decision making as they pertain to this case Question 2 (1 point) Calculate the Net Present Value (NPV) of a business deal that costs 2274 today and will return 1596 at the end of this year and 1509 at the end of the following year. Use and interest rate of 6%. Give your answer accurate to 3 decimal places.