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adding a turning lane to a busy intersection will cost 2 million dollars, but it is estimated that it will save motorists a total of 300000 dollars a year for the next 10 years. a government agency wants to know if the annual benefits outweight the costs of the intersection if the motorists can earn an average of at least 6% per year on their investments. what is the EAW of this project?

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9473132

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