Reference no: EM13982524
A manufacturing company has proposed building a new plant in a region. The proposal to the regional government contains the following information:
The region has a 60,000 person workforce with 10% unemployed.
The new plant will employ 1,000 people and it is projected that another 1,500 service support jobs will be created in the region due to the plant.
The estimated tax revenue increase to the region from the plant and the additional 2,500 employed is projected to be $ 10,000,000 per year.
Regional social service expenses are $5,000 per year for each unemployed worker.
Environmental concerns require the expenditure of $50,000,000 for site development and wetlands protection.
The plant emissions control system installed cost would be $40,000,000 and its annual operating cost is $5,000,000 per year.
The company has requested that during the first ten tears the annual costs of site development and emission control be covered by the regional government.
As a staff member for the regional government, please answer the following questions:
a) What would be the reduction in unemployment related costs per year?
b) Assuming 8% interest over 10 years, what would be the annualized cost of site development?
c) What would be the total annual cost of the control system?
d) Estimate the net economic impact of the proposed facility on the region in current dollars per year.
|
Characteristic of monopolistically competitive market
: A firm making more than a normal profit may still be experiencing an economic loss. An inferior good is a good whose demand decreases as its prices decreases. As new firms enter a monopolistically competitive market, the demand faced by each competin..
|
|
Recommend the choice for management
: Compare this with the decision with that of a Present Worth criterion. Submit your solution in a spread sheet.
|
|
Find the magnitude of the magnetic field the electon produce
: Find the magnitude of the magnetic field this electon produces at the point A. Find the magnitude of the magnetic field this electon produces at the point B. Find the magnitude of the magnetic field this electon produces at the point C.
|
|
What is spontaneous symmetry breaking from a classical point
: What is spontaneous symmetry breaking from a classical point of view. Could you give some examples, using classical systems.I am studying about the 't Hooft and Polyakov magnetic monopoles solutions, which says that the SU(2) symmetry is spontaneo..
|
|
What would be the total annual cost of the control system
: A manufacturing company has proposed building a new plant in a region. The proposal to the regional government contains the following information: The new plant will employ 1,000 people and it is projected that another 1,500 service support jobs will..
|
|
What should the firm do to improve its performance
: Consider a firm using labor and capital as its only inputs. The price of capital is $40 where the price of labor (wage) is $60. Using 500 units of labor and 500 units of capital the firm is producing 1200 units of output. At this mix of input the fir..
|
|
What is the acceleration of the sphere
: A sphere, with I=2/5 MR2 , rolls without slipping down a ramp of length L inclined an angle (theta) from the horizontal. What is the acceleration of the sphere at the bottom of the ramp.
|
|
True variance and standard deviation
: A random sample of 15 snow mobiles was selected, and the lifetime (in months) of the batteries was measured. The variance of the sample was 8.6. Find the 90% confidence interval of the true variance and standard deviation.
|
|
Prefer maintaining accounts with large too big to fail banks
: Some analysts claim that many wealthy depositors prefer maintaining accounts with large “too big to fail” banks, even if they could earn higher interest rates from smaller banks. Briefly explain why these depositors use this strategy?
|