Exhibit 31-1

-Refer to Exhibit 31-1. The exhibit shows the breakdown of benefits and costs for a four-person town considering the purchase of an additional $1,200 worth of books for the public library. If simple majority voting determines the outcome, the books will
A) be purchased because more persons are for it than against it.
B) be purchased because the total benefits are greater than the total costs.
C) not be purchased even though total benefits exceed total costs.
D) not be purchased because the total costs are greater than the total benefits.
Correct Answer:
Verified
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