Question: 3. The local nuclear power plant has decided the best place to store its high-level radioactive w…

02 May Question: 3. The local nuclear power plant has decided the best place to store its high-level radioactive w…

Posted at 08:39h in 2Past Paper by Exams

3. The local nuclear power plant has decided the best place to store its high-level radioactive waste would be in an empty field near your campus. They propose to build storage sheds with proper shielding and use the sheds for the next 20 years. The power plant serves 2 million people and is waste out of state. The new facility will cost $800,000 to construct and $150,000 per year to operate. The power industry pays 8% interest on borrowed money. The power company is willing to pay $200,000 per year rent. (a) will the power company save money with the new option? (b) From an ethical standpoint, which is the correct option and why? currently costing the company $1.2 million per year to dispose of the

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