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Showing posts with the label Benefit Cost Analysis

Microsoft refuses to increase bid for Yahoo

"Why would Microsoft bid against themselves? The company sees no reason to bid against itself," This summarizes the company's position as Microsoft revealed that it sees no point in increasing the $44.6 billion offer that it made to acquire Yahoo.com. Please read more in this link

4WD vs. 2WD VEHICLES

As a young boy, I had a fascination for Four-Wheel Drive (4WD) vehicles. 4WD's look very macho and there's nothing like being in a big car. However, as I started to accumulate driving hours, I realized that fast cars brings me to my destination faster. But as I grew older, I realized that sedans and big cars have their own separate purposes and cannot really be compared to one another. Sedans bring me to my office faster but SUV's can fit lots of cargo and are generally better for road collisions. As an old man once said, "When you collide with a car while in an SUV, you land on top of the heap" -- well said. In purchasing SUV's, will you go for a 4WD or a simple 2WD? In terms of price, 2WD's are cheaper and performance wise, a 4WD may not necessarily outperform the other. If you drive in rough terrains, a 4WD will definitely be much better. But if you are a like me, who spends most of his driving hours shuttling from house to the office, a 2WD is probabl...

TOBACCO TAXES: THE NEED FOR AN EXTENSIVE BENEFIT COST ANALYSIS

In the Philippines, a senator recently questioned the wisdom behind the existing tax rates being imposed on cigarettes. According to the legislator, the taxes being collected by the government (PhP26 Billion) is far less than the amount being spent (PhP 47 Billion) on tobacco related ailments. Looking at the matter a bit further, what benefits and costs can actually be connected with cigarettes? The benefit side includes: Taxes, income being made by advertisers (cigarette advertisements are not outlawed in that country), business for various suppliers and service providers (like trucking companies), livelihood for the companies' employees and tobacco farmers, etc. Despite the seemingly numerous benefits brought by the presence of the tobacco industry, as enumerated above, the costs are far greater. The serious tobacco related ailments can be transferred to offsprings and at this point, there is still no definite cure to it. The senator is therefore correct when he advocated the im...