Microeconomics Quiz
20 questions · no time limit
0:00
FOUNDATIONS & ECONOMIC REASONING
Question 1 of 20
No time limit
Current
Answered
Flagged
Not seen
A university is deciding between two energy efficiency projects. Project X reduces energy costs by $40,000 annually and costs $180,000 to implement. Project Y reduces energy costs by $55,000 annually and costs $275,000 to implement. Both projects last 6 years with no salvage value. However, Project Y also reduces carbon emissions valued at $8,000 annually in social benefits. If the university uses a 8% discount rate and considers only private benefits, but society includes environmental benefits, which statement best describes the decision framework?
YOUR PROGRESS
20
QUESTIONS
Ready when you are
Answer in any order. Your progress shows here as you go.
QUESTIONS
KEYBOARD
Pick an answer ABCD
Next question ↵→
Previous ←
Flag for review F
Answers save as you go · flagged questions come back at the end