Sig Hansen Runs a Ski Resort in British Columbia

question 169

Multiple Choice

Sig Hansen runs a ski resort in British Columbia. He is considering replacing the ski lifts at theresort. His calculations suggest that if he does, the economic benefits from the upgraded ski-lift operations will total $959,000 over the next six years. The ski lifts he already has are projected to generate $444,000 in economic benefits over the next six years. The new ski lifts would require an initial cash investment of $385,000 and Sig estimates he can sell his existing ski lift equipment for$170,000. Based on these estimates, what is Sig's marginal benefit from replacing the ski lifts?

• A) $345,000
• B) $574,000
• C) $515,000
• D) $959,000

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Definitions:

White Privilege

The benefits that are automatically given to White Americans of European descent on the basis of their skin color.

Defensive

A psychological state or attitude where an individual is quick to protect themselves from criticism, harm, or unpleasant truths.

Denial

A psychological defense mechanism where an individual refuses to admit the truth or reality of a situation, thus avoiding acknowledgment of a difficult or uncomfortable fact.

White Racial Identity

The awareness and understanding of one's racial identity as being categorized as white, often discussed in the context of privilege and systemic racial dynamics.