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 = $115,000 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 = $133,000 per year Annual savings = $30,000 per year

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 = $115,000 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 = $133,000 per year Annual savings = $30,000 per year

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000,…

A: Based on a nation's total income levels, the definition of poverty might vary; often, it is…

Q: Question 16 Suppose a firm hires a new worker, Jens H. Because the firm knows Jens H. can work hard…

A: The correct answer is given in the second step.

Q: Which of the following is a description of price functioning as a signal when the price of gasoline…

A: Prices serve as a sign to the two customers and makers. Prices can help shoppers to choose if they…

Q: Question 6 Unsaved DD 2 E BL₁ C BL₂ GOOD 1 If bundle A is chosen on BL₁ and bundle C is chosen on…

A: Revealed Preference: As per the revealed preference theory if 2 bundles A & B are affordable for…

Q: In the United States of America the top 50% of households have about ________ per cent of all wealth…

A: Such facts give us an idea about the wealth inequality present in the country.

Q: what is the defenition of economic well-being

A: Economic wellbeing is one of the measures which indicate the standard of living. If a person,…

Q: On what assumptions is equilibrium level of income write three short points. the definition of based…

A: Estimation - Explanation of Equilibrium Level of Income based on the assumptions, which are as…

Q: New York State imposes some of the highest "sin tax" rates in the country. When I say "sin tax",…

A: Excise tax refers to a legislated taxed on specific goods and services at purchase such as liquor,…

Q: Using data from household surveys, you have determined that the ‘typical’ household’s preferences…

A: The utility function is U= (x + 36)y The marginal utilities are: MUx = y and MUy = x + 36.…

Q: Pls help with below homework-) Is it true that universal guarantedd basic income is the best…

A: universal guaranteed basic income(UBI) could be intended to diminish destitution, further develop…

Q: After a destructive hurricane in Southeast Texas, gasoline prices around the country increased…

A: LEither intentionally or subliminally, the issue of elasticity surfaces for buyers and producers in…

Q: N=2 video broadcasting websites, You and Twi, must decide the number of minutes of ads to be…

A: Given demand function Q(ty)=10-2tY+tTQ(tt)=10-2tT+tStreaming one vidieo cost of…

Q: What do you mean by the F-Statistic? Explain The F-statistic with q = 2 restriction & The…

A: The F-statistic is the statistic of the F-test. It indicates the ratio of two variances. The…

Q: Exhitbit SD.2 D2 Quantity Refer to Exhibit SD.2 for the market of healthy food. One of the following…

A: Demand curve has shifted left from D1 to D2. Option B as consumers begin to exercise more to keep…

Q: Suppose that there are two types of workers: high and low. Employers cannot distinguish between…

A: A reservation wage is the minimum wage or salary that an individual is willing to accept for a job…

Q: After a destructive hurricane in Southeast Texas, gasoline prices around the country increased…

A: Basics:- When price of a product is increased drastically but demand for the product does not…

Q: Below is a chart showing the Labor Force Participation rate for 15-64 year olds in the U.S. vs.…

A: Real GDP is the product of base year price and current year output level during an year. It is the…

Q: As an individual's deductible decreases, one would expect his or her number of annual doctor's…

A: In the context of health insurance, a deductible is the fixed amount you (the policyholder) are…

Q: Exercise 1.12. Consider the following game. There is a club with three members: Ann, Bob and Carla.…

A: Game theory refers to a type mathematical discipline commonly applied to the analysis of interactive…

Q: 3. Demeter has 100 acres of land on which she can plant wheat or rice. The following table shows the…

A: Answer - Given in the question- Utility function over income U(w) = lnW Probability of wet growing…

Question

he.3

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 = $115,000 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 = $133,000 per year
Annual savings = $30,000 per year

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Introduction of benifit cost ratio

VIEW

Step 2: Calculation of B/C ratio

VIEW

Solution

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

None
If you spent your entire income, you could afford either 3 units of x and 9 units of y or 9 units of x and 3 units of y. If you spent your entire income on x, how many units of x could you buy? (show working out) A 18 B 16 C 21 D There is not enough information to determine the number of x. E None of the above.
Susan and Katy share an apartment, which they have decided to decorate for the holidays. The figure below shows Susan's and Katy's individual demand for strands of lights, measured metres. Price ($) 40 32 24 20 16 12 Dsusan DKaty 4 10 15 20 25 Quantity If Susan and Katy were to individually decide how many metres of lights to purchase, how much would be purchased if the price of lights were $16 per metre. (Need help? Read chapter 10.3 of the textbook, here: https://playconomics.com/textbooks/view/playconomics4-201913/part3/ch10/s3) 5 metres 10 metres 15 metres 20 metres None of these.
The following table gives the distribution of the income of the employees of a company Calculate the cumulative percentage of 2000 income. Calculate the Gini coefficient
Becky is deciding whether to purchase an insurance for her home againtst burglary. the payoff for her is shown as follow: Net worth of her Net worth of her home: $ 20000 burglary(10%) Net worth of her Net worth of her home: $50000 burglary (90%) The insueance would cover all the loss from burlary and the insurance fee is $8000. Her utility funtion is given as u=w ^0.3 Should Beck purchase the insurance Explain.
! solve d, e , f...for a like
I'm waiting for the answer desperately It's in environmental economic textbook, kolstad.
SLO-4.1. The amount of money people have to spend after buying necessities such as food, clothing and housing is Osavings Odiscretionary income Onet income Ogross income
The following question has 4 parts (a.-d.), parts b. to d. will be revealed after submitting your answer by hitting "Verify" on the preceding sections. Suppose an economy is composed of 10 individuals. The following table shows their annual income in thousands of dollars. Individual Individual 1 Individual 2 Individual 3 Individual 4 Individual 5 Individual 6 Individual 7 Individual 8 Individual 9 Individual 10 Income 46 80 96 33 74 54 48 28 83 10