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Q. What do you mean by Costs?
Costs Section 56 of the Environment Act describes costs as including ‘costs to any person and costs to the environment'. The costs of a project are the opportunity costs - the full value of any resource in its best alternative use. This can be estimated by the financial expenses incurred by an operator or proponent in meeting the requirements placed upon them by the authorising body, or any expenses incurred by the Agency in undertaking its actions. Similarly, the cost of a policy or programme can be measured by those it will affect. Costs also add any environmental, human health or other social impacts, which are detrimental in nature. Costs include any capital and recurrent expenditure, administrative costs, enforcement costs and monitoring, and research and development costs.
Derivation of compensated demand curve: Hicksian compensated demand function for x 1 is given by x 1 =x 1 (p 1 , p 2 , U), where Hicksian compensated demand curve for a good
•Create a demand schedule and a supply schedule for your product.. •Using these schedules, draw a demand curve and a supply curve using PowerPoint or Excel. Use these to determine
Telecommunications industry in South Africa
#question.Now suppose nation A has RA resources in its treasury and nation B has RB resources. The winning coalition in each nation is WA and WB respectively. Leaders want to survi
ECM101 – MICROECONOMIC POLICY ASSIGNMENT 1 General Guidelines: This assignment comprises two sections and you must answer all questions in each section. Answers must be explained
Is coca-cola an oligopoly or monopolistic competition
Valence Bond Theory Explains, but does not predict the shape. Valence Bond Theory Cannot explain colour and spectra. Valence Bond Theory Qualitative explanations; does not expl
Why is human capital so important in the development process? Explain human capital in terms of (the sum of) education/training/experience/ literacy etc, and clearly show how t
In the table below are given the output (X), T.C., and Price for a firm. Complete the following table, and then answer the questions at the bottom of the table. X T.C P=A.R
could the village prepare 14 campsites and grow 350 pawpaws?explain your answer.
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