A local government is considering four possible countermeasures to reduce crimes in the municipal park. Since each
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Countermeasure Annual Benefit Annual Cost B/C Ratio Program 1 Program 2 $14,350 $1,430 10.03 $11,350 $1,835 6.19 $35,000 $19,500 Program 3 1.79 $42,000 $24,000 Program 4 1.75
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P1 versus P2 Since the ratio is less than one we prefer P1 over P2 Therefore P1 b...View the full answer
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