O A. I and IIO B. I onlyO C. II onlyO D. I only III A critical component of the long-range transportationplanning process is the development and evaluation ofoptions for transportation solutions to meet theidentified needs or deficiencies in an area. Further, ifvarious land use scenarios are under consideration bylocal communities, these may also be analyzed todetermine the interaction between varioustransportation options and land use. The study of thesemultimodal project proposals and land use options isoften termed 'Alternatives and Scenario Analysis.'Choosing between the different options for transportsolutions results in......an opportunity cost.II. ...a trade off.III. ...the economic problem of scarcity.I.

In economics, alternative and scenario analysis refers to analyzing an economic condition where…

Answered: A critical component of the long-range…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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What is the essential difference between the conventional and modified versions of the benefit–cost ratio? Is it possible for these two measures to provide conflicting recommendations regarding invest/do-not-invest decisions?
a. Based on PW method, Design Z is more economical. b. The modified B/C ratio of Design Y is The modified B/C ration of Design Z is (Round to two decimal places) (Round to two decimal places) c. The incremental B/C ratio is (Round to two decimal places) Therefore, based on the B/C ratio method, Design Z is more economical d. The discounted payback period of Design Y is The discounted payback period of Design Z is years (Round to one decimal place) years (Round to one decimal place) Investment cost Annual revenue Annual cost Useful life Salvage value Net PW Therefore, based on the payback period method, Design y would be preferred. (e) Why could the recommendations based on the payback period method be different from the other two methods? ⒸA. because the payback period method ignores the cash flows after the payback period O B. because the payback period gives more weight to the cash flows after the payback period C Design Y Design Z $140,000 $275,000 $57,659 $96.354 $17.618 $31,687 15…
A community public works project will cost $92,000 and will benefit five different individuals. Individual Individual Benefit ($) Individual Cost ($) 1 4,500 6,000 2 18,500 15,000 3 19,000 17,000 4 30,000 24,000 5 29,000 30,000 Does this project meet the Pareto efficiency improvement criterion? If possible, revise the cost shares to allow the project to meet the Pareto criterion and to pass a referendum. please use excel with formulas
The following data is provided for a PPP project. Benefits Disbenefits To the People $110,000 per year beginning now $65,000 per year The conventional B/C ratio is Cost Savings Calculate the conventional benefit/cost ratios using an interest rate of 7% per year and an infinite project period. To the Government $1.8 million now and $200,000 3 years $95,000 per year
Describe the following methods in transportation evaluation based on multiple criteria: A. Rating and ranking B. Cost effectiveness C. Evaluation as a fact-finding process D. Trade-off and balance-sheet approaches E. Evaluation of completed projects F. Evaluating effects of transportation on social and natural system
Preference decisions compare potential projects that meet screening decision criteria and will be ranked in their preference order to differentiate between alternatives with respect to all of the following characteristics except_ A. political prominence B. feasibility C. desirability D. importance
Which statement(s) is (are) TRUE in the context of urban development? Group of answer choices The per capita environmental footprint (impact) of living in ‘high density’ areas is typically higher than living in ‘low density’ areas when all the infrastructure (electricity networks, water, gas, road, etc) are considered. Transportation subsidies may promote higher than optimal commuting distances. Public transport subsidies are an effective way to tackle urban sprawl. The key reason for imposing developer charges (or development impact fees) is to offset the environmental impact costs of the development.
From the following data, use the conventional B/C ratio for a project that has a 20-year life to determine if it is economically justified. Use an interest rate of 8% per year. Consequences To the People Annual benefits = $135,000 per year Annual disbenefits = $10,000 per year The B/C ratio is The project is [[(Click to select) To the Government First cost = $700,000 Annual cost Annual savings $141,000 per year $30,000 per year E =
as alluded in the narrative, planning will be founded on a number oodf decisions taken. Decision-making is of paramount importance in public administration and it requires a certain skill set. Assess the decision-making technichues that can be applied in the public sector
Identify one environmental factor or risk that affects the decision-making opportunities within your organization. Provide a brief description of the concerns and potential solutions for addressing the concerns or risks. Are there financial requirements that must be considered when processing decisions within a company?
Which of the below statements regarding alternative (renewable) energy sources such as solar, wind, nuclear, biomass, geothermal, and hydropower, is NOT CORRECT based on current available research and data? Group of answer choices The development of alternative energy sources has resulted in new employment opportunities. Improvements in technology has significantly lowered the cost of producing alternative (renewable) energy. Alternative (renewable) energy result in cleaner air, less pollution, and possibly even less global warming and climate change. By the year 2030 alternative energy will have amost completely replaced fossil fuels (coal, oil and natural gas) as the energy source used for global production.
For a complete and correct incremental B/C analysis method for multiple alternatives, which of the following does the method NOT require? a. Čalculation of the B/C ratio of each alternative b. The identification of all relevant alternatives c. Ranking the order of the projects (smallest to largest denominator) d. Calculation of the B/C ratio for incremental cash flows

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