Over the past 30 years, the government has offered a wide variety of incentives for people to install alternative energy devices such as solar collectors or wind power generators. In many cases, these incentives can reduce peoples' out-of pocket costs for such devices to less than one-third of their actual market price. What effect do such subsidies have on the adoption of such alternative technologies? Is this the best way to foster such alternatives? How might the fact that a particular technology is subsidized affect whether peoples' choices of technologies are efficient in the sense described in Figure? FIGURE Construction of an Isoquant from Engineering Data К реr period B L per period The rays A, B, and C show three specific industrial processes. Points a, b, and c show the level of operation of each process necessary to yield q0. The q0 isoquant reflects various mixtures of the three processes. Answer the question with comprehensive explanation

Over the past 30 years, the government has offered a wide variety of incentives for people to install alternative energy devices such as solar collectors or wind power generators. In many cases, these incentives can reduce peoples' out-of pocket costs for such devices to less than one-third of their actual market price. What effect do such subsidies have on the adoption of such alternative technologies? Is this the best way to foster such alternatives? How might the fact that a particular technology is subsidized affect whether peoples' choices of technologies are efficient in the sense described in Figure? FIGURE Construction of an Isoquant from Engineering Data К реr period B L per period The rays A, B, and C show three specific industrial processes. Points a, b, and c show the level of operation of each process necessary to yield q0. The q0 isoquant reflects various mixtures of the three processes. Answer the question with comprehensive explanation

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter18: Life-cycle Costing

Section: Chapter Questions

Problem 11RQ

See similar textbooks

Similar questions

A rural township in central Arkansas has recently replaced several septic tanks that have an anticipated life span of 24 years. Today, these septic tanks cost $24,000. However, they received a grant from the Environmental Protection Agency that matched the cost of the tanks today in order for the tanks to be replaced after their end of life. Assuming an interest rate of 7.5%, how much will a complete replacement of the septic tanks cost in 20 years?
Which of the following is an approach to distributing fossil fuel emission permits in a cap and trade program? Select all that apply: a. selling them low cost to small businesses b. auctioning them off c. creating a permit lottery d. giving them away for free e. selling them at a set price
What do you mean by anthropogenic emissions?
What do we mean by efficiency, and why is it important to know theefficiency of products that we use in our daily life?
What are the varous sinks to CO2 emissions?
What do you think is the effect on the mode of transportation if petroleum is not available?
Buses vs Light Rail Transit How did they lead to the development of the economy?
How would you balance the benefits against the costs in order to determine whether a new hydroelectric generating facility should be built in a given location?
Engineering Economics The generator set requires no maintenance until the end of 2 years when P60,000 will be needed for repairs. After this, 90,000 will be needed for repairs at the end of each year for 5 years, then P120,000 at the end of each year for the next 5 years. If money is worth 14% compounded annually, what was the equivalent uniform annual cost for the 12 year period?
The motor for a commercial condensing unit needs to be replaced. The costof a new one is $239. If the bad motor is turned in, a 33% discount is given.What is the price for the motor if the bad one is turned in?
CHOOSE THE BEST ANSWER, THANK YOU! 1. The work of ___________ engineers includes the design of water treatment and waste water treatment plants, development of systems for handling non-hazardous and hazardous wastes, development of pollution control measures and cleanup of contaminated sites. a. Foundation b. Project c. Environmental d. Geotechnical 2. Land and raw materials that exist naturally in the environment undisturbed by humans. a. Land Pollution b. Renewable Resource c. Non-renewable Resource d. Natural Resources 3. An essential energy of all non-conventional sources but its usage amount is very less. It is the most important non-conventional source of energy and it gives non-polluting environment-friendly output and is available in abundant. a. Tidal Energy b. Wind Energy c. Geothermal Energy d. Solar Energy 4. One of the most important components of economic infrastructure. a. Energy b. Fuel c. Coal d. Biomass 5. It prefers areas, where winds are stronger…
Suppose 10 million people are exposed to a carcinogen that poses an individual lifetime (70-yr) cancer risk of 10^-4. (a) How many cancers per year might be caused by this carcinogen?(b) If spending $1 per year per person (for an indefinitely long time) to reduce exposure to that carcinogen reduces that risk to 10^-5, what would be the cost of each cancer avoided?