Costs that a firm remaining in business will still incur even if it halts current production are called

If Project A has a cost of $2, and provides a benefit of $3, and Project B has a cost of $ 5 and provides a benefit of $8, which of the following statements is true?

A) The net benefit of Project A is $5. B) An individual can optimize by choosing Project B. C) Project A has a higher net benefit than Project B. D) A shift from Project A to Project B increases the net benefit by $1.

Refer to the figure above. If the government was to auction quota licenses competitively, it could earn up to

A) $2000. B) $5000. C) $6000. D) $10000.