Estimate the cost in ten years in year-one dollars


Problem

(Problems 4.3-4.5 and 15.22-15.24) The cost of garbage pickup in Green Valley will be $4.5M this year. Estimate the cost in 10 years in year-1 dollars. In base-case estimates, the population is increasing by 6% annually, the cost per ton is increasing by 5% annually, the inflation rate is 4% annually, and residents will individually reduce their trash generation by 2% annually.

(a) Construct reasonable limits of uncertainty for each geometric gradient.

(b) Construct a spider plot for the year-10 cost (measured in year-1 dollars).

Problem 3

The cost of garbage pickup in Green Valley is $4.5M in year 1. Estimate the cost each year for the first 5 years. The population is increasing at 6%, and the tons per resident are increasing at a rate of 1%.

Problem 5

Redo Problem 4.3 for N = 10. For N = 25.

Problem 3

The cost of garbage pickup in Green Valley is $4.5M in year 1. Estimate the cost each year for the first 5 years. The population is increasing at 6%, and the tons per resident are increasing at a rate of 1%.

Problem 22

The cost of garbage pickup in Green Valley is $4.5M for year 1. Estimate the cost in year 3 in year-1 dollars and in nominal dollars. The population is increasing at 6%, the nominal cost per ton is increasing at 5%, and the inflation rate is estimated at 4%.

Problem 24

If the interest rate is 7%, what is the present worth in year-1 dollars of the following?

(a) The cost for Problem 15.22

(b) The savings of Problem 15.23.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Estimate the cost in ten years in year-one dollars
Reference No:- TGS02951313

Expected delivery within 24 Hours