Analyze the given text, then make a decision. Be sure to give logical reasons for your decision. Make sure your decision clearly explained and understandable and give 3-5 paragraphs answer.         The region, verdant with environmental treasures, sadly has a poor economy, with half of the residents in dire poverty. The only source of income, apart from agriculture, is the trickle of tourists who relax there. You, the governor, received a proposal from a power generation company to put up a coal power plant in your area. The construction alone will create 1,200 much-needed jobs, while the operations will require around 500 people. You received protests regarding the environmental concerns and upon research, you saw that coal power plants really damage the environment. On the other hand, it will also raise revenue and provide electricity. What will you do with the proposal? What is your decision and reasons why you arrived at such decision?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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*Analyze the given text, then make a decision. Be sure to give logical reasons for your decision. Make sure your decision clearly explained and understandable and give 3-5 paragraphs answer.

        The region, verdant with environmental treasures, sadly has a poor economy, with half of the residents in dire poverty. The only source of income, apart from agriculture, is the trickle of tourists who relax there. You, the governor, received a proposal from a power generation company to put up a coal power plant in your area. The construction alone will create 1,200 much-needed jobs, while the operations will require around 500 people. You received protests regarding the environmental concerns and upon research, you saw that coal power plants really damage the environment. On the other hand, it will also raise revenue and provide electricity. What will you do with the proposal?

What is your decision and reasons why you arrived at such decision?

       

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