Essay On Cost-Benefit Analysis

1045 Words 4 Pages
The Cost-Benefit Analysis of Community Bike Paths Cost-benefit analysis (CBA) approximates and sums up a corresponding dollar value of pluses and minuses in regards to community projects as to judge to whether they are worthy of developing (San José State University Department of Economics, n.d.). One benefit is the reduction of healthcare costs in a community. Family physician, Dr. Ebell (2011) states that the reason for physicians telling their patients to walk, run, and bike is because these activities are virtually free of charge, convenient, can include the entire family, and be extremely pleasant. But the main barrier for patients to follow through with their doctor’s advice, is the lack of access to a safe path to participate in active transport activities. According to Dr. Ebell, if a person is not comfortable nor experiencing a benefit, he will not continue the activity for very long. As a solution, Dr. Ebell suggests that it is up to physicians, healthcare practitioners, and key stakeholders to guarantee a place where cycling, walking, and running can take place. Off the road and protected bike …show more content…
The cost-benefit ratio was 2.94, meaning: for every $1 spent on bike trails for exercise, there will be $2.94 saved in healthcare costs. The benefits arise when using cars lest often, results in fewer emissions and less respiratory problems. When less gas is used, consumers can allocate money saved, elsewhere in their budget. When there are community bike paths, there is a chance for more family outings, such as, a day out that might include biking, parking the bike to go dining, shopping, possibly seeing a movie, then biking back home. The gain is quality time together, not using the car, and being able to cycle around the city, without any breaks in

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