Three alternative congestion mitigation projects are being considered for an urban freeway corridor. The costs and benefits associated with the alternatives are given in the following table Assume an interest rate of 5% and an analysis period of 20 years. Which of the alternatives (prioritized) would vou recommend on the basis of economic efficiency? o Use Net Present Value o Use the Incremental B/C Ratio (PWOB/Pwoc B:HOV Facility C: ITS (Ramp Metering & Incident Mgt.) $4,500,000 $1,000,000 Alternative Cost A: Road Widening Initial Cost Annual O&M costs Annual User Benefit $8,352,000 $20,000 $8,400,000 $563,000 $1,670,000 $1,100,000 $1,750,000