Explain how the viewpoint established before a public sector analysis is started can turn an estiĀ­mate from being categorized as a disbenefit to a cost, or vice versa.

What will be an ideal response?


A disbenefit commonly has an indirect impact on a person, business, etc., while a cost is a direct impact. For example, economic development may be a benefit from a city viewpoint, but a cost to the shop owner who had his shop and land condemned by the city to do the development.

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Complete the field notes from the given data. Check your final answer mathematically, as described in this chapter.

What will be an ideal response?

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The speed of a revolving object equals the product of the ____________________ times the number of revolutions per minute made by the object.

Fill in the blank(s) with the appropriate word(s).

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Which of the following leads to a total cost of $100?

A. cost/unit = $30, quantity = 3, fixed cost = $15 B. cost/unit = $15, quantity = 6, fixed cost = $10 C. cost/unit = $20, quantity = 5, fixed cost = $5 D. cost/unit = $20, quantity = 4, fixed cost = $10

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Soils made from volcanic ash are generally very productive

Indicate whether the statement is true or false

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