What viewpoint should be used to evaluate the project

Reference no: EM132171494

Question: Improvements at a congested intersection require that the government acquire the properties on the four corners: two gas stations, a church, and a bank. Construction will take a year, and the costs will be shared 70% by the state and 30% by the city. Traffic through the intersection is mainly commuters, local residents, and deliveriesto and bylocalbusinesses.Thereis some through traffic from other parts of the metropolitan area. Identify the benefits, disbenefits, and costs that must be considered in evaluating this project. From the city's viewpoint, which must be included? From the state's viewpoint? What viewpoint should be used to evaluate this project?

Reference no: EM132171494

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