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- Total economic value includes:a) a direct use valueb) indirect use valuec) option valued) existence valuee) bequest valuef) a,b,cg) all39. Which one of these is an example of a variable cost? a. None of the choices b. Rent c. Raw material expenses d. Depreciation costsP(t)5000t2+300t-200 models the profit P of vroom used car Dealership where t is the time in years. Evaluate p(12) and explain the meaning
- Annswer B, C and D.Q2) One of the energy companies incurred miscellaneous costs and a group of engineers analyzed the costs according to the long-term investment contract. Answer the following points based on the above situation: A) How would you classify these possible costs based on line of your study that will be included in each annual economic assessment. Within short clarification for each possible costs that you suppose to mentione it? B) Give an simple example about each costs-line. C) How will the level of revenue be determined economically? Clarify this statement?The ore of a gold mine in the province contains, on average, 0.5 ounce of gold per ton. Method A ofprocessing costs 150Php/ton and recovers 93% of the gold, while Method B costs only 120Php/tonand recovers 81% of the gold. If gold can be sold at 1,200/ounce, which method is better and by howmuch?a. Method A, by 43Phpb. Method A, by 42Phpc. Method B, by 42Phpd. Method B, by 43Php
- The Vice President of the Republic of Zambia launched a pilot project to clear canals on the Barotse flood plains in Western The pilot project estimated to cost 77 million kwacha will be implemented by China Railways and Samutala Management Services. Discus using suitable examples; 3 Secondary benefits the canal clearing project will bring to the people of Western Province.D and E only plzThe quality firm mentioned earlier, are having another project that is facing a problem to meet the deadline, the information provided below will help in crashing the project to meet the deadline.- Total Project Indirect cost = 500$.- Indirect Reduction in Cost/day= 60$ I. What is the total project cost?II. What is the slope value and max crash for the Improvement task ?III. What is the recommended task to crash first in this project?IV. What is the new total project cost after the firs crash iteration ?