The table below shows the total benefits and costs of five possible plans (each of increasing scope)
Question: The table below shows the total benefits and costs of five possible plans (each of increasing scope) for a hospital to be built on a particular site.
| Plan | Benefit | Cost |
| A | 50 | 20 |
| B | 90 | 50 |
| C | 140 | 90 |
| D | 210 | 150 |
| E | 280 | 230 |
a) Indicate which plan should be adopted, using the marginal benefit equals marginal cost rule.
b) Confirm your answer in part (a) by computing each project's net benefit.
Price: $2.99
Solution: The solution consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
