If Project A has a cost of $5, and a provides a benefit of $10, and Project B has a cost of $2, and provides benefit of $4, then switching from Project A to Project B:
A) increases the net benefit by $3.
B) decreases the net benefit by $3.
C) increases the net benefit by $6.
D) decreases the net benefit by $6.
B
Economics
You might also like to view...
Did President Obama's $787 billion fiscal stimulus package of early 2009 work? Name several facts in support of the proposition that it did. Also, list the arguments of the skeptics
Economics
If the reserve ratio is 20 percent and a bank receives a new checkable deposit of $100, this bank
a. must increase required reserves by $20. b. will initially see its total reserves increase by $200. c. will be able to make new loans up to a maximum of $20. d. will be allowed to make new loans of up to $100. e. all of the above are true.
Economics