The Following Data Are for a Series of Increasingly Extensive

question 109

Multiple Choice

The following data are for a series of increasingly extensive ?ood-control projects. $$\begin{array} { | l | c | c | } \hline & \text { Total Cost per Year } & \text { Total Benefit per Year } \\\hline \text { Plan } A = \text { Levees } & \$ 10,000 & \$ 16,000 \\\hline \text { Plan } B = \text { Small Reservoir } & 24,000 & 36,000 \\\hline \text { Plan } C = \text { Medium Reservoir } & 44,000 & 52,000 \\\hline \text { Plan } D = \text { Large Reservoir } & 72,000 & 64,000 \\\hline\end{array}$$ Plan C entails

• A) marginal bene?ts in excess of marginal costs.
• B) fewer spillovers than either Plan A or Plan B.
• C) an overallocation of resources to ?ood control.
• D) an underallocation of resources to ?ood control.

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Definitions:

Genetic Load

The presence of unfavorable genetic mutations in a population, which can reduce the fitness and adaptive abilities of the population.

Conduct Problems

Behavioral issues in individuals, typically children or adolescents, that involve difficulty following social rules, norms, and laws.

Separation Anxiety Disorder

A mental health disorder characterized by excessive fear or anxiety about being apart from attachment figures, often seen in children.

Externalizing Disorder

Externalizing disorder refers to a group of disorders characterized by outward-directed behaviors, such as aggression, hyperactivity, defiance, or conduct problems, often observed in children and adolescents.