A large sewer system will cost P180,000 annually. There will be favorable consequence to the general public of P520,000 annually, and adverse consequence to a small segment of the public of P60,000 annually. What is the benefit cost ratio? Answer:
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- A large sewer system will cost P180,000 annually. There will be favorable consequence to the general public of P520,000 annually, and adverse consequence to a small segment of the public of P60,000 annually. What is the excess of benefits over cost?Three neighboring towns – Marshland, Dampland, and Wetland – all border the same lake. The lake frequently floods causing damage to property in all three towns. Each town would benefit from flood mitigation, but the level of benefits differs. With Z representing the level of mitigation: for Marshland, MB = 3 – Z for Dampland, MB = 4 – 2Z for Wetland, MB = 11- Z The marginal cost of flood mitigation is MC = 2 + 12Z Questions: ***Please Note*** Previous Expert Calculated: Z = 16/3 as the Solution to (a) Math Solver Calculates: Z = 1 ***Please Resolve*** (a) What is the socially optimal level of Z? (b) What would each individual town be willing to pay for this level of flood mitigation? (c) The representative from Wetland proposes that each town pay an equal share for the optimal level of flood mitigation. Would…A large sewer system will cost P180,000 annually. There will be favorable consequence to the general public of P520,000 annually, and adverse consequence to a small segment of the public of P60,000 annually. What is the benefit cost ratio?
- Define cost-benefit analysis (Select measurement and measure old cost/benefitelements upon evaluating public expenditures)The marginal damage cost equation for carbon monoxide (CO) in urban areas is: MDCU = 36E; The marginal damage cost equation for CO in rural areas is: MDCR = 6E.The marginal abatement cost equation for CO is: MAC = 400 - 4E What are the socially efficient individual standards for carbon monoxide? What is the total abatement cost in each area under this scheme? What is the total compliance cost under this scheme?A state government hired a contractor for a road construction project. The contractor's type, its cost efficiency, is known to the government. There is a 2/5 probability o its construction cost being 4 (billion dollars per lane) and 3/5 probability of the cost being 6. More lanes yield more social benefit in-the form of faster travel and fewer accidents. The social value V (measured in billions of dollars ) from having N lanes on the highway is V=15N-2N^2/3. The government is interested in option N and writing a contract to maximize the benefit of the state (V) net of the fee paid to the contractor (call it F) ; G=V-F. Your goal as a government official is to design a pair of contracts to separate the types of contractor. You want the contractor to choose (Contract L: Build N, lanes and get paid RL dollars" if its cost type is low cost of $4 billion dollars per lane and to choose "Contract H : Build NH lanes and get paid RH dollars" if its cost type is high cost $6 billion dollars per…
- A state government hired a contractor for a road construction project. The contractor's type, its cost efficiency, is UNKNOWN to the government. There is a 2/5 probability o its construction cost being 4 (billion dollars per lane) and 3/5 probability of the cost being 6. More lanes yield more social benefit in-the form of faster travel and fewer accidents. The social value V (measured in billions of dollars ) from having N lanes on the highway is V=15N-2N^2/3. The government is interested in option N and writing a contract to maximize the benefit of the state (V) net of the fee paid to the contractor (call it F) ; G=V-F. Your goal as a government official is to design a pair of contracts to separate the types of contractor. You want the contractor to choose (Contract L: Build N, lanes and get paid RL dollars" if its cost type is low cost of $4 billion dollars per lane and to choose "Contract H : Build NH lanes and get paid RH dollars" if its cost type is high cost $6 billion dollars…Which of the following statements is true? a. It is good to shift perspective when quantifying costs and benefits b. Your viewpoint should only be as broad as those who pay the costs. c. When the costs of a municipal project are contributed by the provincial government, you should base your analysis on the viewpoint of the municipality. d. When the costs and benefits are confined to a town, the town's viewpoint is the best viewpoint for analysis.N5 The following data is provided for a PPP project. To the People To the Government Benefits $130,000 per year beginning now Cost $1.8 million now and $200,000 every 3 years Disbenefits $45,000 per year Savings $90,000 per year Calculate the conventional benefit/cost ratios using an interest rate of 6% per year and an infinite project period.
- Respond to the question with a concise and accurate answer, along with a clear explanation and step-by-step solution, or risk receiving a downvote. Assume a reservoir’s water supply of 25,000 acre-feet of water can be used for municipal (m) and/or agricultural (a) purposes. The total benefits for each use are described as: TBa = 1000Wa – 0.025Wa2 So, the Marginal Benefit for agriculture is: MBa = 1000 – 0.05 Wa TBm = 1500Wm – 0.1Wm2 So, the Marginal Benefit for municipal purposes is: MBm = 1500 – 0.2 Qm Where Wa is acre feet of water used in agriculture and Wm is acre feet of water used for municipal purposes b. Suppose an additional 1,000 acre feet of water could be had by constructing a new reservoir. What is the new efficient allocation of water for each category of use?True or false 3.3 the strength of water transportation is high investment cost.The city of Jefferson is reviewing the benefits and costs of a potential universal water-metering program. Two options are considered:• Option I: Treated Surface Water Only Benefits of Deferring/DownsizingWater and Sewer Projects-$28.l millionCosts of Metering-$9.3 million Benefit-Cost Ratio-3.02• Option 2: Treated Surface Water Supplemented By 40 MUDay Groundwater Benefits of Deferring/Downsizing Water and Sewer Projects-$38.9 millionCosts of Metering (and groundwater development)-$14.7 millionBenefit-Cost Ratio-2.65 Which option should the city implement, assuming that the city has enough money to fund either project?(a) Option 1.(b) Option 2.(c) Neither.( d) Both options.