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The Following Data Are for a Series of Increasingly Extensive

Question 98

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The following data are for a series of increasingly extensive flood-control projects. The following data are for a series of increasingly extensive flood-control projects.   Plan C entails A) marginal benefits in excess of marginal costs. B) fewer spillovers than either Plan A or Plan B. C) an overallocation of resources to flood control. D) an underallocation of resources to flood control. Plan C entails


A) marginal benefits in excess of marginal costs.
B) fewer spillovers than either Plan A or Plan B.
C) an overallocation of resources to flood control.
D) an underallocation of resources to flood control.

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