List economic and non- economic factors that are to be considered while allocating funds to upgrade and replace deficient bridges.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 13, Problem 1QTC

To determine

List economic and non- economic factors that are to be considered while allocating funds to upgrade and replace deficient bridges.

Expert Solution & Answer

Explanation of Solution

Deficient bridge: Structurally deficient means that there are certain elements of the bridge that needs to be monitored consistently and/or it requires to be repaired. If a bridge is regarded as "structurally deficient" doesn’t mean that it is likely to collapse or that it is unsafe to use but It means that the bridge should be inspected, monitored, and should be maintained for safe usage

Upgrade: means to improve the quality of that bridge. So, as to make it a strong one.

Replace: to build a new one in place of the old one.

So, an engineer has to decide that if a bridge is structurally deficient that whether he should spend money to replace it or to restore it.

While upgrading and replacing the deficient bridges there are a number of economic and non-economic factors that need to be considered are as follows:

Economic factors that need to be considered are:

Labor
Capital
Technological progress

Non -economic factors are:

Culture
Role of government
Tradition
Society as a whole
Religion.

Conclusion:

So, all the above mentioned factors are to be considered so that it does not hurt the sentiments of any person. So that there is overall growth of the society.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

A monopolist had the following fixed costs and marginal revenue and costs for each unit of production: 0 units where fixed costs are 10 1 unit where MR = 60 & MC = 20 & FC = 10 2 units where MR = 50 & MC = 30 & FC = 10 3 units where MR = 45 & MC = 38 & FC = 10 4 units where MR = 40 & MC = 40 & FC = 10 How many units should the firm produce and why?

Respond to this post. Hello Professor, A rise in consumption in the economy would cause an increase in aggregate demand. Therefore, when consumers spend money on everyday goods and services, it not only helps to stimulate economic growth, but it could also present potential issues like unsustainable debt levels or inflation. I believe that it would be beneficial to consider such factors and adopt a purchasing strategy to help navigate the challenges posed by inflation or unsustainable debt levels. First, do you think our business will be affected because inflation is rising? How? Yes, I do believe that the business will be affected because of inflationary pressures. Inflation rising will affect the cost of goods, services, and labor, which could lead to higher operating expenses. The potential reduction of profit margin because of inflation could lead to a smaller percentage of revenue being retained as profit. Therefore, inflation rising will force us to raise prices for…

Not use ai please

Answer 2

Question

Chapter 13, Problem 1QTC

To determine

List economic and non- economic factors that are to be considered while allocating funds to upgrade and replace deficient bridges.

Expert Solution & Answer

Explanation of Solution

Deficient bridge: Structurally deficient means that there are certain elements of the bridge that needs to be monitored consistently and/or it requires to be repaired. If a bridge is regarded as "structurally deficient" doesn’t mean that it is likely to collapse or that it is unsafe to use but It means that the bridge should be inspected, monitored, and should be maintained for safe usage

Upgrade: means to improve the quality of that bridge. So, as to make it a strong one.

Replace: to build a new one in place of the old one.

So, an engineer has to decide that if a bridge is structurally deficient that whether he should spend money to replace it or to restore it.

While upgrading and replacing the deficient bridges there are a number of economic and non-economic factors that need to be considered are as follows:

Economic factors that need to be considered are:

Labor
Capital
Technological progress

Non -economic factors are:

Culture
Role of government
Tradition
Society as a whole
Religion.

Conclusion:

So, all the above mentioned factors are to be considered so that it does not hurt the sentiments of any person. So that there is overall growth of the society.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 13, Problem 1QTC

To determine

List economic and non- economic factors that are to be considered while allocating funds to upgrade and replace deficient bridges.

Expert Solution & Answer

Explanation of Solution

Deficient bridge: Structurally deficient means that there are certain elements of the bridge that needs to be monitored consistently and/or it requires to be repaired. If a bridge is regarded as "structurally deficient" doesn’t mean that it is likely to collapse or that it is unsafe to use but It means that the bridge should be inspected, monitored, and should be maintained for safe usage

Upgrade: means to improve the quality of that bridge. So, as to make it a strong one.

Replace: to build a new one in place of the old one.

So, an engineer has to decide that if a bridge is structurally deficient that whether he should spend money to replace it or to restore it.

While upgrading and replacing the deficient bridges there are a number of economic and non-economic factors that need to be considered are as follows:

Economic factors that need to be considered are:

Labor
Capital
Technological progress

Non -economic factors are:

Culture
Role of government
Tradition
Society as a whole
Religion.

Conclusion:

So, all the above mentioned factors are to be considered so that it does not hurt the sentiments of any person. So that there is overall growth of the society.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 13, Problem 1QTC

To determine

List economic and non- economic factors that are to be considered while allocating funds to upgrade and replace deficient bridges.

Expert Solution & Answer

Explanation of Solution

Deficient bridge: Structurally deficient means that there are certain elements of the bridge that needs to be monitored consistently and/or it requires to be repaired. If a bridge is regarded as "structurally deficient" doesn’t mean that it is likely to collapse or that it is unsafe to use but It means that the bridge should be inspected, monitored, and should be maintained for safe usage

Upgrade: means to improve the quality of that bridge. So, as to make it a strong one.

Replace: to build a new one in place of the old one.

So, an engineer has to decide that if a bridge is structurally deficient that whether he should spend money to replace it or to restore it.

While upgrading and replacing the deficient bridges there are a number of economic and non-economic factors that need to be considered are as follows:

Economic factors that need to be considered are:

Labor
Capital
Technological progress

Non -economic factors are:

Culture
Role of government
Tradition
Society as a whole
Religion.

Conclusion:

So, all the above mentioned factors are to be considered so that it does not hurt the sentiments of any person. So that there is overall growth of the society.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 13, Problem 1QTC

To determine

List economic and non- economic factors that are to be considered while allocating funds to upgrade and replace deficient bridges.

Expert Solution & Answer

Explanation of Solution

Deficient bridge: Structurally deficient means that there are certain elements of the bridge that needs to be monitored consistently and/or it requires to be repaired. If a bridge is regarded as "structurally deficient" doesn’t mean that it is likely to collapse or that it is unsafe to use but It means that the bridge should be inspected, monitored, and should be maintained for safe usage

Upgrade: means to improve the quality of that bridge. So, as to make it a strong one.

Replace: to build a new one in place of the old one.

So, an engineer has to decide that if a bridge is structurally deficient that whether he should spend money to replace it or to restore it.

While upgrading and replacing the deficient bridges there are a number of economic and non-economic factors that need to be considered are as follows:

Economic factors that need to be considered are:

Labor
Capital
Technological progress

Non -economic factors are:

Culture
Role of government
Tradition
Society as a whole
Religion.

Conclusion:

So, all the above mentioned factors are to be considered so that it does not hurt the sentiments of any person. So that there is overall growth of the society.

Answer 6

Chapter 13, Problem 1QTC

To determine

List economic and non- economic factors that are to be considered while allocating funds to upgrade and replace deficient bridges.

Expert Solution & Answer

Explanation of Solution

Deficient bridge: Structurally deficient means that there are certain elements of the bridge that needs to be monitored consistently and/or it requires to be repaired. If a bridge is regarded as "structurally deficient" doesn’t mean that it is likely to collapse or that it is unsafe to use but It means that the bridge should be inspected, monitored, and should be maintained for safe usage

Upgrade: means to improve the quality of that bridge. So, as to make it a strong one.

Replace: to build a new one in place of the old one.

So, an engineer has to decide that if a bridge is structurally deficient that whether he should spend money to replace it or to restore it.

While upgrading and replacing the deficient bridges there are a number of economic and non-economic factors that need to be considered are as follows:

Economic factors that need to be considered are:

Labor
Capital
Technological progress

Non -economic factors are:

Culture
Role of government
Tradition
Society as a whole
Religion.

Conclusion:

So, all the above mentioned factors are to be considered so that it does not hurt the sentiments of any person. So that there is overall growth of the society.

Answer 7

Chapter 13, Problem 1QTC

To determine

List economic and non- economic factors that are to be considered while allocating funds to upgrade and replace deficient bridges.

Answer 8

Expert Solution & Answer

Explanation of Solution

Deficient bridge: Structurally deficient means that there are certain elements of the bridge that needs to be monitored consistently and/or it requires to be repaired. If a bridge is regarded as "structurally deficient" doesn’t mean that it is likely to collapse or that it is unsafe to use but It means that the bridge should be inspected, monitored, and should be maintained for safe usage

Upgrade: means to improve the quality of that bridge. So, as to make it a strong one.

Replace: to build a new one in place of the old one.

So, an engineer has to decide that if a bridge is structurally deficient that whether he should spend money to replace it or to restore it.

While upgrading and replacing the deficient bridges there are a number of economic and non-economic factors that need to be considered are as follows:

Economic factors that need to be considered are:

Labor
Capital
Technological progress

Non -economic factors are:

Culture
Role of government
Tradition
Society as a whole
Religion.

Conclusion:

So, all the above mentioned factors are to be considered so that it does not hurt the sentiments of any person. So that there is overall growth of the society.