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 benefits of each of the four projects are given in the table. 
Refer to the above table and information. What project should the government select to achieve the maximum net benefit?
Definitions:
Cost of Retirement
The total expenses incurred when an individual stops working and enters retirement, including living and healthcare costs.
Retired Bonds
Bonds that have been repaid in full before or at maturity, thus removing the issuer's obligation to the holders.
Above the Cost
A situation where the selling price or market value of an asset exceeds its original purchase cost or production cost.
Bond Sinking Fund
A fund established by a bond issuer into which money is set aside over time, intended to be used to repay the principal amount of the bond at maturity.
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