Q:
The following data is available for the economic analysis of alternate proposals for the same project. Conduct an economic evaluation and determine which of the two should be chosen for execution?
Total annual highway cost of existing highway = ₹ 1,16,940
Total annual road user cost of existing highway = ₹ 13,82,870
Total annual highway cost of proposal A = ₹ 2,65,422
Total annual road user cost of proposal A = ₹ 10,22,465
Total annual highway cost of proposal B = ₹ 3,30,300
Total annual road user cost of proposal B = ₹ 10,53,224
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