Gce Model Questions Vol1 2019 Geography Question 16
Practice objective / multiple choice question 16 from the 2019 Gce Model Questions Vol1 Geography examination.
The region experiences severe floods with an average frequency of \(0.2\) floods per year, each causing average damage of £\(3.5\) million. A mitigation project costing £\(4\) million upfront would reduce the flood frequency by \(30\%\). Assuming the frequency and damage remain constant over a 10‑year period, calculate the net economic benefit (in million pounds) of implementing the mitigation project. State the net benefit as a decimal (positive if the project saves money, negative if it costs more).
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About This Question
This is Gce Model Questions Vol1 2019 Geography Question 16. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Geography examination.
Difficulty level: Hard .
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