2. The total design and construction cost for a digester to handle a flow rate of o.5 million gallons per day (MGD) was $1.7 million in 200o. Estimate the cost today for a flow rate of 2.0 MGD. The exponent for the MGD 0.2 to 40 is o.14. The cost index in 2000 of 131 has been updated to 225 for this year. range of

EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN:9781337668279
Author:Henderson
Publisher:Henderson
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
icon
Related questions
Question
2. The total design and construction cost for a digester to handle a flow rate
of o.5 million gallons per day (MGD) was $1.7 million in 2o0o. Estimate the
cost today fora flow rate of 2.0 MGD. The exponent for the MGD range of
0.2 to 40 is o.14. The cost index in 2000 of 131 has been updated to
this year.
225
for
Transcribed Image Text:2. The total design and construction cost for a digester to handle a flow rate of o.5 million gallons per day (MGD) was $1.7 million in 2o0o. Estimate the cost today fora flow rate of 2.0 MGD. The exponent for the MGD range of 0.2 to 40 is o.14. The cost index in 2000 of 131 has been updated to this year. 225 for
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Economic Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
EBK HEALTH ECONOMICS AND POLICY
EBK HEALTH ECONOMICS AND POLICY
Economics
ISBN:
9781337668279
Author:
Henderson
Publisher:
YUZU
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Managerial Economics: Applications, Strategies an…
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning