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The Following Information Is for Four Highway Programs of Increasing

question 26

Multiple Choice

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