Can we use benefit-cost analysis to choose among alternatives in allocating funds for such projects as the construction of a mass-transit system, highway maintenance, etc?
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Can we use benefit-cost analysis to choose among alternatives in allocating funds for such projects as the construction of a mass-transit system, highway maintenance, etc?
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- I don’t know what the correct answers to this. I’ve asked a couple times and it still wrong. The only options left are 1) cost benefit analysis is likely to lead to implementation policies that promote private provision of goods and services or 2) some item of value doesn’t have an owner with legal authority to control it.What are the main theoretical and practical difficulties in establishingaccurate values in cost/benefit analysis?A county transportation agency has asked you to suggest the allocation of bridge preservation budget of 50 million between Interstate and non-Interstate highway bridges. Political considerations require that urban populations receive at least $25 million in benefits and rural areas at least $10 million. As a rule of thumb, a $1 million investment yields total user benefits of $1.25 million for $1 million spent on Interstate highway bridges. $1 million for $1 million spent on non-Interstate highway bridges. The research also indicates that the distribution of benefits for each highway is.as shown in the attached table a) Formulate a linear programming (LP) problem to maximize total user benefits subject to the agency’s constraints
- As a consumer, what other metrics would you suggest that might reflect benefits of sustainability initiatives that would motivate you to purchase from one provider or the other?Harvesting forests and other natural resources is one alternative that is useful for funding schools and other public services (Figure 2). Explain what is meant by "payments in kind".Suppose that total costs (TC) double for each project listed in the table below. Cost-Benefit Analysis for a National Highway Construction Project (in Billons) (2) Total Cost of Project (3) Marginal (4) Total Benefit $0 200 (5) Marginal Benefit (1) Plan No new construction A: Widen existing highways B: New 2-1ane highways C: New 4-lane highways D: New 6-1ane highways (6) Mat Benefit $ 0 150 Cost 50 $50 $ 200 140 90 350 150 210 230 240 100 470 120 620 380 580 110 -40 Which project(s) is (are) now economically viable? O Plan A only O Plans C and D only O Plans B and C Plans A and B only O None of the projects are economically viable.
- 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. (i) What effect do such subsidies have on the adoption of such alternative technologies? (ii) Is this the best way to foster such alternatives? (iii) How might the fact that a particular technology is subsidized affect whether peoples’ choices of technologies are efficient in the sense described in Figure 1?Transferable discharge systems and emission charge systems seek to remove technical pollution control decision-making from central administrators, but how is the implementation planned? What are the concerns?what steps are you going to take to promote CSR initiative for Amazon pharmancy? for example: what community programs, non profit, or environmental projects will the new product or services support? how do you plan to attract, develop, engage, and reward project team.
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