Some Highways Have One Lane;others Have Two,three,or More

question 164

Multiple Choice

Some highways have one lane;others have two,three,or more.If each lane costs $10 million per mile,an economist assumes that the total benefit of a three-lane highway must be _____ million per mile.

• A)less than $10
• B)$10 to $20
• C)$20 to $30
• D)$30 or more

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Definitions:

Short-Term Financial Policy

A strategic approach focusing on managing a company's short-term liabilities and assets, vital for ensuring liquidity and operational efficienc.

Financial Distress

A situation where a company cannot meet or has difficulty paying off its financial obligations to creditors, potentially leading to bankruptcy.

Net Working Capital

The disparity between a business's present assets and its immediate obligations, showcasing the company's short-term financial health.