There are five alternatives for improvement of a road. Determine which alternative should ve chosen if the highway department is willing to invest as long as there is a B/C ratio of at least 1.00. Alternatives Annual benefits Annual cost 1,000,000.00 1,400,000.00 2,100,000.00 2,700,000.00 A 900,000.00 1,300,000.00 2,800,000.00 3,300,000.00 4,200,000.00 B E 3,400,000.00

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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There are five alternatives for improvement of a road. Determine which alternative should ve chosen if
the highway department is willing to invest as long as there is a B/C ratio of at least 1.00.
Alternatives
Annual benefits
Annual cost
1,000,000.00
1,400,000.00
2,100,000.00
2,700,000.00
3,400,000.00
A
900,000.00
1,300,000.00
2,800,000.00
3,300,000.00
4,200,000.00
В
C
D
E
Transcribed Image Text:There are five alternatives for improvement of a road. Determine which alternative should ve chosen if the highway department is willing to invest as long as there is a B/C ratio of at least 1.00. Alternatives Annual benefits Annual cost 1,000,000.00 1,400,000.00 2,100,000.00 2,700,000.00 3,400,000.00 A 900,000.00 1,300,000.00 2,800,000.00 3,300,000.00 4,200,000.00 В C D E
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