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→Capital: Price Year of Unit Price
====== Capital: Unit Price ======
====== Capital: Unit Price ======
This is the price of one unit.
This is the price of one unit.
[[File:Imagefffgshfwehethsdfga.png|center|thumb|1163x1163px|Activities 2 of 2]]
====== Capital: Price Year of Unit Price ======
====== Capital: Price Year of Unit Price ======
On the Initiative sheet you entered the Price Year to be used in the analysis, which is an important aspect of the units of measurement. If the unit price info was pulled from an older document, then the price may not align with the Price Year on the Initiative sheet. This is normal, but you just need to specify the price year for the unit price information. The RCC will then automatically convert this value to 2012 prices for the one-for-one rule (if applicable), and to the price year selected on the Initiative sheet everywhere else.
On the Initiative sheet you entered the Price Year to be used in the analysis, which is an important aspect of the units of measurement. If the unit price info was pulled from an older document, then the price may not align with the Price Year on the Initiative sheet. This is normal, but you just need to specify the price year for the unit price information. The RCC will then automatically convert this value to 2012 prices for the one-for-one rule (if applicable), and to the price year selected on the Initiative sheet everywhere else.
===== Annual Frequency =====
===== Annual Frequency =====
# Frequency = 12, Time Spent = 100 hours
# Frequency = 12, Time Spent = 100 hours
# Frequency = 4, Time Spent = 250 hours
# Frequency = 4, Time Spent = 250 hours
All of the above methods will result in 1,000 hours being spent on the activity per year for businesses that are in the market at the start of the year. However, with positive stakeholder growth, the selected frequency determines at which point the RCC will model new entrants as entering the market and therefore beginning to incur the cost. If the frequency is set to 1,000 then that means there are 1,000 evenly spaced periods throughout each year. Stakeholders who enter the market partway through the year would not incur the cost associated with the activity 1,000 times. This means that the choice of frequency can affect the total impact estimates; the different methods of modelling the activity by shifting between frequency and time spent will not give the exact same results.
All of the above methods will result in 1,000 hours being spent on the activity per year for businesses that are in the market at the start of the year. However, with positive stakeholder growth, the selected frequency determines at which point the RCC will model new entrants as entering the market and therefore beginning to incur the cost. If the frequency is set to 1,000 then that means there are 1,000 evenly spaced periods throughout each year. Stakeholders who enter the market partway through the year would not incur the cost associated with the activity 1,000 times. This means that the choice of frequency can affect the total impact estimates; the different methods of modelling the activity by shifting between frequency and time spent will not give the exact same results.