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If the Construction of a New Hospital Would Create $6

Question 6

Multiple Choice

If the construction of a new hospital would create $6 million worth of benefits for citizens and would cost $8 million to construct, then using the criterion of economic efficiency, the hospital


A) should be built.
B) should not be built.
C) results in a substantial improvement to the welfare of society.
D) should be built if it passes by a majority vote.

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