Description
Known as Allotment gardening worldwide, community gardens range from hefty farmland parcels to space on metropolitan rooftops.
Gardening in Monterey
How much will you pay?
What is a "community garden"?
According to the American Community
Garden Association, a community garden
is defined as :
"Any piece of land gardened by a group
of people."
Known as Allotment
gardening worldwide,
community gardens
range from hefty
farmland parcels to
space on metropolitan
rooftops.
What is a "community garden"?
The Benefits
• "Improves the quality of life for people in the
garden
• Provides a catalyst for neighborhood and
community development"
• Beautifies Neighborhoods
• Recreation & Education
• Healthy Food Production
• and many more!
We asked 31 MIIS students how much they would
be willing to pay per month to have a share in a
community garden that would include:
• 10' X 10' plot of land
• Compost
• Water
• Tools
How much would you be willing to pay for a
community garden?
Price Not
Interested
$0 $5 $15 $25 $40
Quantity
Demanded
4 27 25 18 9 3
Demand Schedule
Elasticity
• % Change in quantity demanded = 7.33%
• % Change in price = 7%
Elasticity = 7.33/7 = 1.05
The demand for community gardens is elastic - the number
of gardens demanded changes as a result of change in price
of the plots (but not very elastic!)
In Conclusion...
Based on our research, the demand for a community
garden at the Monterey Institute is relatively significant
(87% of interviewees agreed that they would pay to plant
their own produce). The price elasticity of demand is
elastic, though only slightly.
Credits
Catherine Carlton
Leah Severino
Elma Paulauskaite
Natalie Sherman
Steven Anderle
Abhilasha Sharma
doc_493171522.ppt
Known as Allotment gardening worldwide, community gardens range from hefty farmland parcels to space on metropolitan rooftops.
Gardening in Monterey
How much will you pay?
What is a "community garden"?
According to the American Community
Garden Association, a community garden
is defined as :
"Any piece of land gardened by a group
of people."
Known as Allotment
gardening worldwide,
community gardens
range from hefty
farmland parcels to
space on metropolitan
rooftops.
What is a "community garden"?
The Benefits
• "Improves the quality of life for people in the
garden
• Provides a catalyst for neighborhood and
community development"
• Beautifies Neighborhoods
• Recreation & Education
• Healthy Food Production
• and many more!
We asked 31 MIIS students how much they would
be willing to pay per month to have a share in a
community garden that would include:
• 10' X 10' plot of land
• Compost
• Water
• Tools
How much would you be willing to pay for a
community garden?
Price Not
Interested
$0 $5 $15 $25 $40
Quantity
Demanded
4 27 25 18 9 3
Demand Schedule
Elasticity
• % Change in quantity demanded = 7.33%
• % Change in price = 7%
Elasticity = 7.33/7 = 1.05
The demand for community gardens is elastic - the number
of gardens demanded changes as a result of change in price
of the plots (but not very elastic!)
In Conclusion...
Based on our research, the demand for a community
garden at the Monterey Institute is relatively significant
(87% of interviewees agreed that they would pay to plant
their own produce). The price elasticity of demand is
elastic, though only slightly.
Credits
Catherine Carlton
Leah Severino
Elma Paulauskaite
Natalie Sherman
Steven Anderle
Abhilasha Sharma
doc_493171522.ppt