Engineering Economy
Engineering Economy
16th Edition
ISBN: 9780133582819
Author: Sullivan
Publisher: DGTL BNCOM
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Chapter 10, Problem 26FE
To determine

Calculated the cost benefit ratio

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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
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