Assume that a government is considering a new social program and may choose to include in this program any number of four progressively larger projects.The marginal cost and the marginal benefit of each of the four projects is provided in the table. Refer to the above table and information.What project should the government select to achieve the maximum net benefit?
A) A
B) B
C) C
D) D

Question

Assume that a government is considering a new social program and may choose to include in this program any number of four progressively larger projects.The marginal cost and the marginal benefit of each of the four projects is provided in the table.  Refer to the above table and information.What project should the government select to achieve the maximum net benefit?
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

The Answer of Assume that a government is considering a new social program and may choose to include in this program any number of four progressively larger projects.The marginal cost and the marginal benefit of each of the four projects is provided in the table.  Refer to the above table and information.What project should the government select to achieve the maximum net benefit?
A) A 
B) B 
C) C 
D) D

Assume That a Government Is Considering a New Social Program