Question: Please show work like described in question 17a Thank you 17. The following table, in which all figures are in million dollars, summarizes the result
17. The following table, in which all figures are in million dollars, summarizes the result of recent cost-benefit analyses of five government projects: a. (5 points) Compute the net esins inet social benefits) and the benefit-cost ratio for each project. Write your answers in the ipace provided below. Use tivs format for writing your answers Net Social Benthts: Project A Project B Project C : Project D Project E Benefit-Cost Rabio: Project A Project 8 Project C Project D Project 1 b. (3 points) if the governiment wanted to mavimite social wellare, which one of the projects listed above should be undertaken? Briefly explain ci (2 points) What does the benehit-cont ratio indicate: choose to maximize social welfare Ussume that sociaf costs and the government s budefetary costs xre equal 17. The following table, in which all figures are in million dollars, summarizes the result of recent cost-benefit analyses of five government projects: a. (5 points) Compute the net esins inet social benefits) and the benefit-cost ratio for each project. Write your answers in the ipace provided below. Use tivs format for writing your answers Net Social Benthts: Project A Project B Project C : Project D Project E Benefit-Cost Rabio: Project A Project 8 Project C Project D Project 1 b. (3 points) if the governiment wanted to mavimite social wellare, which one of the projects listed above should be undertaken? Briefly explain ci (2 points) What does the benehit-cont ratio indicate: choose to maximize social welfare Ussume that sociaf costs and the government s budefetary costs xre equal
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