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Business, 24.04.2020 00:01 ayoismeisalex

Suppose government can pursue up to three projects. The first has benefits of $1,080 and costs of $1,000; the second has benefits of $1,180 and costs of $1,000; the third has benefits of $1,230 and costs of $1,000. Suppose that it costs $0.20 for the government to raise a dollar in revenues. Which project(s) should the government pursue?

A)the first project
B)the second project
C)the third project
D)Answers A, B, and C are correct.
E)Both B and C are correct.

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Answers: 2

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Suppose government can pursue up to three projects. The first has benefits of $1,080 and costs of $1...
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