If a public project that costs $100,000 in year 0 generates a benefit of $55,000 in year
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If a public project that costs $100,000 in year 0 generates a benefit of $55,000 in year 1 and a benefit of $60,500 in year 2, should it be built? Explain why the answer depends on a particular number, and why economists might disagree about the project depending on the number they choose.
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt , Eugene F. Brigham
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