The Following Information Is for Four Highway Programs of Increasing

question 67

Multiple Choice

The following information is for four highway programs of increasing scope.All figures are in millions of dollars.The data indicate that:

• A)there is no highway program which is economically justifiable on the basis of cost-benefit analysis.
• B)the marginal cost and marginal benefit of Program A are $2 and $9 respectively.
• C)the marginal cost and marginal benefit of Program C are $12 and $21 respectively.
• D)the marginal cost and marginal benefit of Program A cannot be determined.

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Definitions:

Visual Cues

Non-verbal signals or indicators that convey information or instructions through visual means.

Relationships

Connections or associations between individuals or entities based on social, emotional, professional, or commercial interactions.

Industry Jargon

Specialized language or terminology used within a particular industry or profession that might not be understood by outsiders.

Communication

The act of conveying information and ideas through speech, writing, or signals.