Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

A state government is considering construction of a flood control dike having a life span of 12 years. History indicates that a flood occurs every four years, on average, and causes $500,000 in damages on each occasion. If the state uses a MARR of 12 percent per year and expects every public works project to have a benefit-cost ratio of at least 1.0, what is the maximum investment (to the nearest whole dollar) that will be allowed for the dike? (Do not enter the dollar sign $ with your answer.)

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91224017

Have any Question?


Related Questions in Microeconomics

Question the inflation rate in argentina fell from over

Question: The inflation rate in Argentina fell from over 3,000% in 1989 to 25% in 1992 and virtually zero in 1998. (A) What do you think happened to the money supply growth over the same time? (B) What do you think happe ...

Question topic marijuanathere is much discussion in the

Question: Topic: Marijuana There is much discussion in the press about several states moving to legalizing marijuana, either for only medical purposes, or more extremely, for recreational purposes. Looking only at the ec ...

Question - the general mills company gmc purchased a

Question - The General Mills Company (GMC) purchased a milling machine for $90,000, which it intends to use for the next five years. This machine is expected to save GMC $31,000 during the first operating year. Then the ...

Question discuss in scholarly detail differences between

Question: Discuss in scholarly detail differences between incremental and breakthrough innovation. What risks are associated with each approach? The response must be typed, single spaced, must be in times new roman font ...

Question you work as a researcher at an active equity fund

Question: You work as a researcher at an active equity fund. Your supervisor makes the following statement to you. "Eugene Fama and Robert Shiller won the Nobel Prize in Economics in 2013. Their views on market efficienc ...

Question - over the past 50 years the number of hurricanes

Question - Over the past 50 years, the number of hurricanes that have been reported are as follows: 9 times there were 6 hurricanes, 14 times there were 8 hurricanes, 19 times there were 10 hurricanes, and in the remaini ...

Question do you think americans have lost their willingness

Question: Do you think Americans have lost their willingness to take economic risks? Data indicates that more US residents than ever before own their own businesses but at the same time, the federal government has added ...

Question in these efforts they build scholarship based on

Question: In these efforts, they build scholarship based on reason, balance, and supporting evidence, although much of this scholarship is based on theory. Discuss how political scientists attempt to quantify data, manip ...

Question a share of sox- a maker of disposable socks - is

Question: A share of Sox- a maker of disposable socks - is expected to pay a dividend of $1.25 next year. The dividend is expected to grow 5% each year thereafter indefinitely. The appropriate discount rate for this inve ...

Question suppose that the federal funds rate rose from 3 to

Question: Suppose that the Federal funds rate rose from 3% to 6% during the year. What would you expect to happen to the rate of growth in real consumption, and in the consumption/income ratio, under the following circum ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved