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The 715,522 citizens of Denver, CO, are contemplating the renovation of their historic Union Station. The renovation can be done conservatively to preserve its original
The 715,522 citizens of Denver, CO, are contemplating the renovation of their historic Union Station. The renovation can be done conservatively to preserve its original structure for $5,000,000, or it can be transformed into a high-tech, multi-purpose facility for $30,000,000. The mayor of Denver argues that Union Station is not only a Denver landmark but also a significant historical site for the whole state. Consequently, the mayor suggests that the cost of the renovation should be borne by the entire population of Colorado, amounting to 5,773,714 people. Based on this information, answer the following questions: What is the cost per person if the Colorado state government pays for the high-tech renovation? -- [ Select ] What is the cost per person if the Denver city government pays for the conservative renovation? -- [ Select ] Which renovation is likely to be chosen if the Colorado state government bears the cost of renovation? -- [ Select ]
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