Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A city engineer and economic development director of Buffalo are evaluating two sites for construction of a multipurpose sports arena. At the downtown site, the city already owns enough land for the arena. However, the land for construction of a parking garage will cost $1 million. The wet side site is 30 kilometers from downtown, but the land will be donated by a developer who knows that an arena at this site will increase the value of the remainder of his land holdings by many times. The downtown site will have extra construction costs of $10 million because of infrastructure relocations, the parking garage, and drainage improvements. However, because of its centralized location, there will be greater attendance at most of the events held there. This will result in more revenue to vendors and local merchants in the amount of $350,000 per year. Additionally, the average attendee will not have to travel as far, resulting in annual benefits of $400,000 per year. All other costs and revenues are expected to be the same at either site. If the city uses a discount rate of 8% per year, where should the arena be constructed using the incremental benefit-cost analysis? One of the two sites must be selected. (Hint: Assume an infinite life for the public project. No need to calculate the absolute B/C ratio, since one of the two sites must be selected.)
If a Japanese citizen in Japan receives dividends from the shares of stock she or he owns in General Electric, an American firm, the transaction would be recorded on the U.S. balance of payments as a:
The investors in exercise 2 are surprised by firm's performance in year 5. Instead of being $20 million, the firm's profits are $40 million. What happens to firm B's stock price in year 6 and 7?
Give an example of an event or incident that has taken place in the U.S. economy which has a major economic impact--be specific, e.g., 9/11 attack, natural disaster, rise or fall in oil prices due to OPEC policies, consumer optimism or pessimism abou..
For any given level of output:
What is the equilibrium quantity and equilibrium price for the following demand and supply curves: Calculate consumer and producer surplus in this market.
q.fuji konica agfa and 3m. from a technical viewpoint there was little difference in the quality of color film produced
Assume a world consists of only two countries: Latvia and Bulgaria, which can produce only two goods: lemons and beef. Latvia can produce 1000 tons of lemons or 500 tons of beef or any linear combination of lemons and beef that satisfies lemons+2×bee..
To determine the cost of using these people in the army what information do you need.
Suppose there are two types of people who need health insurance; high-risk and low-risk consumers. High-risk consumers have a relatively high probability of needing expensive medical care and on average incur $2,000 of medical expenses per year. Are ..
When there is a competitive firm it will maximize profits at which output: Assume that QRS Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per unit. Assume a firm in a purely competitive ma..
For good A, the demand curve is given by Qd = 40 – P. The supply curve is given by Qs = P. When the market is at equilibrium, what is the value of consumer surplus? (Hint: To solve this problem, you will need to calculate the area of a triangle.)
Elucidate unemployment in relation to the Phillip's curve with an appropriate sketch.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd