Answer

Answer

A new football stadium is planned for a town. Make a list of the private costs and benefits and the external costs and benefits associated with the building and running of the stadium.

Benefits Costs
Private Utility gained by spectators
Revenue and profits to football cubs
Revenue and profit to stadium owners
Construction costs
Maintenance costs
Wages
Marketing and advertising costs
External Employment in the area
Custom to local businesses
Revenue to transport companies
Congestion on match days
Litter
Noise
Fall in property values in the immediate vicinity