environment economic, Public Economics

Assignment Help:
A dam is proposed on a stretch of wild river, a river that is currently used for recreation. The dam will generate electricity. The dam will have a useful life of 50 years, after which the reservoir will be full of sediment and the dam will need to be removed. The following are the characteristics of the dam: Initial cost: $100,000,000 Electricity purchased: 100,000 Mwh per year, @ $100/Mwh. Cost of decommissioning dam: $10,000,000 Value of recreation lost: $5,000,000 per year. a. If the social discount rate is 3% per year, is the dam a good idea?

Related Discussions:- environment economic

Determine the natural rate of unemployment, Suppose the firm mark up over t...

Suppose the firm mark up over the cost is 10% and the wage setting equation is W=P (1-u) where U is the unemployment rate. a) Find out the real wage rate implied by the price se

Explain ex-post heterogeneity, The other type is called ex-post heterogenei...

The other type is called ex-post heterogeneity which refer to the conflict (of interests) arising due to distributional implications of the public policy. Thus when a public polic

Collectivist versus individualistic enforcement, It has been accepted to mo...

It has been accepted to most policy and development economists that among the most important sets of institution in an economy are those that provide for enforcement of contracts.

Consumer surplus related to the price elasticity of demand, QUESTION: a...

QUESTION: a) How do returns to scale and returns to factor affect the shapes of the AC in the Long-run and short-run respectively? b) "Standard of living has to be measure

Public sector, Are there any welfare or subsidy payments that should be ren...

Are there any welfare or subsidy payments that should be renewed or added? 2.What are the costs and consequences of providing the subsidies and welfare? 3.Are there any current sub

Economic implications, The State attempts to oversee, as exemplified by Art...

The State attempts to oversee, as exemplified by Art. 39 (b) and (c) of our Constitution, that private activities may not cause harm to the common good and in case they do so corre

Theory of environmental policy, Normal 0 false false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Relationship between individual preference and social choice, Q. Relationsh...

Q. Relationship between individual preference and social choice? Social Choice is a very kindred area. Some people don't make any distinction between the two while others make.

Write Your Message!

Captcha
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