You have been recently hired by the National Works Agency (NWA) to oversee the construction of the May Pen Bypass that will divert the traffic from the city centre. The citizens living in the environs of this road construction requested a meeting with your company. You have been asked to address this group. a. Discuss FOUR economic and FOUR social benefits to this investment. b. Explain FIVE external costs that these citizens may experience while the construction of the road is in progress. c. Discuss TWO strategies that could be adapted to address the costs identified in (b) above.

You have been recently hired by the National Works Agency (NWA) to oversee the construction of the May Pen Bypass that will divert the traffic from the city centre. The citizens living in the environs of this road construction requested a meeting with your company. You have been asked to address this group. a. Discuss FOUR economic and FOUR social benefits to this investment. b. Explain FIVE external costs that these citizens may experience while the construction of the road is in progress. c. Discuss TWO strategies that could be adapted to address the costs identified in (b) above.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter14: Environmental Economics

Section: Chapter Questions

Problem 7SQ

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