actice Problems Part III

main airport and is considering two puilding a second airport to relieve congestion at the purchase land to build a hotel at the potential sites, $x$ and $Y.$ Hard Rock Hotels would like to and is expected to skyrocket once the city airport. The value of land has been rising in anticipation Rock would like to purchase land now city decides between sites $x$ and $Y.$ Consequently, Hard locate the airport nearby. Hard Rock has ford Rock will sell the land if the city chooses not to buy land at both $x$ and $Y,$ or $(4)$ do nothing. choices: $(1)$ buy land at $x,(2)$ buy land at $Y,(3)$ are in millions of euros$)$:

Current purchase price

Profits if airport and hotel built at this site

Sales price if airport not built at this site

$\backslash$table$[[$SITE $x,$SITE $Y$