The government is considering undertaking four projects. These projects are mutually exclusive, and the estimated present worth of their costs and the present worth of their benefits are shown in millions of dollars in Table P16.14. All of the projects have the same duration.
TABLE P16.I4

Assuming no do-nothing alternative, which alternative would you select? Justify your choice by using a benefit-cost (BC(i)) analysis on incremental investment.

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Projects Al A2 АЗ A4 PW of Benefits PW of Costs $85 110 25 73 $40 150 70 120