About the rubbish disposal areas

Assignment Help Business Economics
Reference no: EM131238840

A city needs to choose area rubbish disposal areas. Area A: A gravel pit has a capacity of 16 million cubic meter. Owing to the possibility of high groundwater the Regional Water Pollution Control Board has restricted the lower 2 million cubic meters of fill to inert material only (earth, concrete, asphalt, paving, brick, etc.). This must be purchased and hauled to this area for the bottom fill. Area B: Capacity is 14 million cubic meters. For 20% of the city, the haul is the same distance as for Area A. The round-trip haul is 5 miles longer for 60% of the city, and 2 miles shorter for 20% of the city. Assume the following conditions • Cost of inert material placed in Area A will be $9.40/m3 • Average sped of trucks from last pickup to disposal site is 25 miles per hour • The rubbish truck and a two-man crew will cost $210 per hour • Truck capacity of 4 ½ tons per load or 20 m3 • Sufficient cover material is available at all areas Which of the sites do you recommend?

Reference no: EM131238840

Questions Cloud

How does china devalue their own currency : How does china devalue their own currency? And why would they do that? People say they do it to increase their exports but that will lower the price they receive for their exports so is it really worth it? What the reasoning behind it?
Consider market for steel that also produces air pollution : Consider the market for steel that also produces air pollution. The damages become more severe as steel production increases. The steel market is defined by the demand, supply and external costs below. Calculate and graph the market quantity, price, ..
Concepts be applied to students and their educations : Think of the ways workers are alienated from the product and process of their jobs. How can these concepts be applied to students and their educations?
What is number of schools that achieves static efficiency : A country is deciding how many schools to open in a given state. The costs and benefits per school are given by: Total Benefits = 314S -1.6S^2. Total Costs = 50S + 1.7S^2. What is number of schools that achieves static efficiency?
About the rubbish disposal areas : A city needs to choose area rubbish disposal areas. Area A: A gravel pit has a capacity of 16 million cubic meter. Owing to the possibility of high groundwater the Regional Water Pollution Control Board has restricted the lower 2 million cubic meters..
How can you estimate the impact of the policy change : You are hired by the government to evaluate the impact of a policy change that affects one group of individuals but not another. Suppose that before the policy change, members of a group affected by the policy averaged $17,000 in earnings, and member..
Generate higher real wages and less labor : Consider the Classical model. Which of the following situations/shocks would generate higher real wages and less labor?
Why do we have government-what is reason for its existence : Why do we have government? What is the reason for its existence? Is there any value to us as citizens for it? Another way to look at it, is what does government or what should government produce or create for us, its citizens?

Reviews

Write a Review

Business Economics Questions & Answers

  Find the value of savings at equilibrium y

Find equilibrium Y in the basic Keynesian model (round Y to the nearest whole number) What are the values of BS and NX at the equilibrium level of Y? Find the value of savings at equilibrium Y.

  Mutual fund will earn an average of annual interest

It is likely that your college tuition will increase an average of 8% per year for the next 4 years. The annual cost of tuition at the beginning of your freshman year in college will be $12000 (A1). How much money will you and your parents have to de..

  Produce a competitive product

If ABC adds an assembly line for the product and XYZ does not follow with a competitive product.

  Why does dead weight loss not total the loss of society

Explain why dead weight loss is considered as loss of welfare of the society because of tax levy. Why does dead weight loss not total the loss of society? Will levying tariffs on imported goods protect domestic industries, consumers, or will it save ..

  The expression for marginal rate of substitution

Adam and Eve are consumers in a 2-consumer, 2-good exchange economy. The price of X is PX, and the price of Y is $1. Each one has an initial endowment of (X=6, Y=6); therefore, each one has a "budget line" of X•PX + Y = 6•PX + 6. If Eve’s utility fun..

  Present value of all future net benefits

Let V0 = the value of wood harvested this year; V1 = the value of wood harvested next year; ΔV = V1 - V0; C = harvest costs; r = the discount rate; S = the present value of all future net benefits when forest is harvested respecting an optimal rotati..

  Compute marginal cost and average cost

Assume the hospital is a monopolist with a demand function given by p = 404−2x, where p is the price of hospital care and x is the quantity of hospital care. Assume that the hospital’s cost function is given by C = 300+4x+8x 2 , where C is total cost..

  Is the laundry practicing price discrimination

A woman complained to "Dear Abby" that a laundry charged $1.25 each to launder and press her husband's shirts, but for her shirts - the same description, only smaller - the laundry charged $3.50. When asked why, the owner said, "Women's blouses cost ..

  Q1 microeconomics is considered to be the study of scarce

q1. microeconomics is considered to be the study of scarce resources perloff 2007. here consumers both individuals and

  What percentile did you score in

the top ten percentile cutoff was 95 points. a. What is the standard deviation for the class? b. What percentile did you score in?

  Calculate mikes optimal amount of income and leisure

Let Y represent income and L represent hours of leisure. Mike's utility for income and leisure is U(Y,L) = Y x L so that marginal utility of leisure = Y and the marginal utility of income = L. Total hours available for leisure and work in any given w..

  Nominal anchors in the long run

Explain the main differences between the three main nominal anchor choices presented in Chapter3: i) Exchange Rate Target; ii) Money supply target; and iii) Inflation target plus interest rate policy. Use equations to support your answer and do not f..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd