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Assume That a Government Is Considering a New Social Program

Question 114

Multiple Choice

Assume that a government is considering a new social program and may choose to include in this program one of four progressively larger projects. The marginal cost and the marginal benefits of each of the four projects are given in the table below. Assume that a government is considering a new social program and may choose to include in this program one of four progressively larger projects. The marginal cost and the marginal benefits of each of the four projects are given in the table below. Refer to the provided table and information. What is the net benefit of project D? A) $1 billion B) $15 billion C) $5 billion D) $20 billion Refer to the provided table and information. What is the net benefit of project D?


A) $1 billion
B) $15 billion
C) $5 billion
D) $20 billion

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