9. private solutions to correct for externalities consider the following scenario: suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. these wastes flow downstream into a lake that has become thick with algae and polluted by the minerals in the waste matter. the local office of a nonprofit environmental organization collects enough donations to fund a campaign to stop the farm's pollution.

Michigan mattress company is considering the purchase of land and the construction of a new plant. the land, which would be bought immediately (at t = 0), has a cost of $100,000 and the building, which would be erected at the end of the first year (t = 1), would cost $500,000. it is estimated that the firm's afterminustax cash flow will increase by $100,000 starting at the end of the second year, and that this incremental flow would increase at a 10 percent rate annually over the next 10 years. what is the approximate payback period?

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Which of the following best describes why you need to establish goals for your program?