Question: The government is considering five mutually exclusive proposals for the improvement of the postal service. The annual equivalent costs and estimated benefits of alternatives are

The government is considering five mutually exclusive proposals for the improvement of the postal service. The annual equivalent costs and estimated benefits of alternatives are as follows:
The government is considering five mutually exclusive proposals for the

Which proposal, if any, should be adopted if the postal department wishes to invest if, and only if, the B-C ratiois at least 1?

Annual Equivalent ($) Alternative Costs Benefits $1,200 $1,000 $2,000 $2,400 $2,600 $2,800 $4,000 $4,500 $5,000 $5,000

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