Question
1.The country of DCM is considering implementing a project that will install 100 windmills on a large piece of land close to a rapidly growing
1.The country of DCM is considering implementing a project that will install 100 windmills on a large piece of land close to a rapidly growing urban area. You have been requested to undertake a cost-benefit analysis to evaluate the feasibility of the project. Researching recent development in windmill projects, list what you perceive to be the:
a)(1 point) Private Costs of the project.
b)(1 point) Social Costs of the project.
c)(1 point) Private Benefits of the project.
d)(1 point) Social Benefits of the project.
e)(1 point) What type of uncertainty could exist for such a project? Explain.
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