The State of Florida is considering building a high-speed rail line from Orlando to Tallahassee that they anticipate will operate for the next 50 years. Using the 4 steps for costbenefit analysis, provide a brief description of what Florida should do to properly conduct a costbenefit analysis for this project. In your response, provide at least 5 potential costs and benefits each, a brief description of how the situation is defined, as well as which costs or benefits could potentially be transfers. You do not have to conduct the CBA and come up with actual cost estimates, nor do you have to recommend if Florida should or should not pursue the project. Instead, you are providing advice to the State for how to conduct this analysis for this specific project using the 4 steps for conducting a CBA. Be thorough in how you advise them, and aim

The State of Florida is considering building a high-speed rail line from Orlando to Tallahassee that they anticipate will operate for the next 50 years. Using the 4 steps for costbenefit analysis, provide a brief description of what Florida should do to properly conduct a costbenefit analysis for this project. In your response, provide at least 5 potential costs and benefits each, a brief description of how the situation is defined, as well as which costs or benefits could potentially be transfers. You do not have to conduct the CBA and come up with actual cost estimates, nor do you have to recommend if Florida should or should not pursue the project. Instead, you are providing advice to the State for how to conduct this analysis for this specific project using the 4 steps for conducting a CBA. Be thorough in how you advise them, and aim

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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plz solve it within 30-40 mins I'll give you multiple upvote....
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