Contemporary Engineering Economics (6th Edition)
6th Edition
ISBN: 9780134105598
Author: Chan S. Park
Publisher: PEARSON
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Question
Chapter 16, Problem 1P
(a):
To determine
Benefit and cost.
(a):
Expert Solution
Explanation of Solution
User’s benefits are prevention from the highway corrosion, rust on vehicle, corrosion to utility lines and damages to water supplies and damages to vegetation and soil surrounding areas.
The sponsor’s costs are paying a higher tax and unknown environmental damages that causes due to the usage of CMA.
(b):
To determine
Salt damages.
(b):
Expert Solution
Explanation of Solution
The damage is calculated by following the given procedure. The state gives exclusive rights to the CMA for a selected area and road salt for another area tor a particular period of time. After that particular time period, It is evaluated the vegetation yield, road salt yield and compared both the result. The difference int eh value is quantified in terms of monetary value.
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Chapter 16 Solutions
Contemporary Engineering Economics (6th Edition)
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