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As an intem in the of town in Pennsylvania)you are asked to do a cost benefit analysis of building a new spanning the river flowing
As an intem in the of town in Pennsylvania)you are asked to do a cost benefit analysis of building a new spanning the river flowing through the town. Currently, the existing bridge is 2 miles away with people who live in town having to drive across heavy traffic to reach it in order to get access to the town's shopping and employment center. Assume that the new bridge will cost 25 million dollars, to be paid by a special income tax over the next 20 years. What are the opportunity costs of that bridge? What are the benefits of the bridge? list and discuss all the benelits that come to mind What are additional costs beyond opportunity costs? (hint: Climate Change) Would you recommend the building of the bridge? Any alternatives
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