Business, 27.09.2019 22:00 SmolBeanPotato

The following data are for a series of increasingly extensive flood-control projects. total cost per year total benefit per year plan a = levees $10,000 $16,000 plan b = small reservoir 24,000 36,000 plan c = medium reservoir 44,000 52,000 plan d = large reservoir 72,000 64,000 plan c entails multiple choice marginal benefits in excess of marginal costs. fewer spillovers than either plan a or plan b. an overallocation of resources to flood control. an underallocation of resources to flood control.

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The following data are for a series of increasingly extensive flood-control projects. total cost per...