The Bruce Highway (from Cooroy to Curra) is currently being upgraded. The total expense of the project is 1.6 billion dollars and the federal government has contributed 1.1 billion of those dollars whilst the Queensland State Government has contributed the remaining 500 million dollars. If the only people to receive any benefit from the highway are those that use it, and the users are estimated to drive 21 million trips per year, over the next 5 years, what is the minimum the users must value each trip if the project is to be efficient? Answer to the nearest whole dollar per trip (with no decimal points, spaces, $ signs, or commas in your answer).
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The Bruce Highway (from Cooroy to Curra) is currently being upgraded. The total expense of the project is 1.6 billion dollars and the federal government has contributed 1.1 billion of those dollars whilst the Queensland State Government has contributed th
The Bruce Highway (from Cooroy to Curra) is currently being upgraded with construction works. The total expense of the project is 1.6 billion dollars and the federal government has contributed 1.1 billion of those dollars whilst the Queensland State Government has contributed the remaining 500 million dollars. Every Queensland resident (4.9 million residents) receives a one off benefit of 222 ($/resident) with this construction that is not directly related to road users. If the number of road users is estimated...
The Bruce Highway (from Cooroy to Curra) is currently being upgraded. The expenditure of the second stage of the project is 513 million dollars and the Australian Federal Government has contributed 388 million of those dollars whilst the Queensland State Government has contributed the remaining 125 million. Answer the following questions: The Queensland Government proposes collecting an increasing portion of every Queensland residents' income as their income increases. What type of tax is this an example of? Blank 1. Type...