For your first assignment at your new construction company, you are asked to make a rough estimate of the costs for a new hockey rink in Squamish. You are given data for a previous project in Laval from 2015. The previous rink cost $6 million and was 52,000 square feet in size. The planned rink will be 41,000 square feet. Costs in Squamish are expected to be 47% highe than Laval. The CPI from 2015 was 126.6 while the most recent annual CPI was 136. The capacity factor is estimated to be 0.8. a. 9.475 O b. 7.834 c. 9.930 d. 5.082
For your first assignment at your new construction company, you are asked to make a rough estimate of the costs for a new hockey rink in Squamish. You are given data for a previous project in Laval from 2015. The previous rink cost $6 million and was 52,000 square feet in size. The planned rink will be 41,000 square feet. Costs in Squamish are expected to be 47% highe than Laval. The CPI from 2015 was 126.6 while the most recent annual CPI was 136. The capacity factor is estimated to be 0.8. a. 9.475 O b. 7.834 c. 9.930 d. 5.082
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter11: Labor Markets
Section: Chapter Questions
Problem 1SQ
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Transcribed Image Text:For your first assignment at your new construction company, you are asked to make a rough estimate of the costs for a new
hockey rink in Squamish. You are given data for a previous project in Laval from 2015. The previous rink cost $6 million and
was 52,000 square feet in size. The planned rink will be 41,000 square feet. Costs in Squamish are expected to be 47% highe
than Laval. The CPI from 2015 was 126.6 while the most recent annual CPI was 136. The capacity factor is estimated to be
0.8.
a. 9.475
O b. 7.834
c. 9.930
d. 5.082
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