Refer to the table and information below. What is the total amount that the government should spend on construction projects?
A government is considering undertaking one or more construction projects. The estimated marginal costs and benefits of each project are given in the table.
A. $8 million
B. $14 million
C. $19 million
D. $37 million
C. $19 million
Economics
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A) the shareholder-lender conflict gets B) the manager-shareholder conflict gets C) both get D) neither gets
Economics
The price of labor in the poultry industry has just increased. For poultry, this will lead to
A. a decrease in price and a decrease in quantity. B. an increase in price and an increase in quantity. C. a decrease in price and an increase in quantity. D. an increase in price and a decrease in quantity.
Economics