The following data are for a series of increasingly extensive flood-control projects.     Total Cost Per Year Total Benefit Per Year Plan A = Levees $ 10,000 $ 16,000 Plan B = Small Reservoir 24,000 36,000 Plan C = Medium Reservoir 44,000 52,000 Plan D = Large Reservoir 72,000 64,000   For Plan A marginal costs and marginal benefits are   Multiple Choice   $10,000 and $16,000, respectively.   $20,000 and $32,000, respectively.   $16,000 and $26,000, respectively.   $20,000 and $16,000, respectively.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The following data are for a series of increasingly extensive flood-control projects.

 

  Total Cost Per Year Total Benefit Per Year
Plan A = Levees $ 10,000 $ 16,000
Plan B = Small Reservoir 24,000 36,000
Plan C = Medium Reservoir 44,000 52,000
Plan D = Large Reservoir 72,000 64,000

 

For Plan A marginal costs and marginal benefits are

 

Multiple Choice
  •  
    $10,000 and $16,000, respectively.
  •  
    $20,000 and $32,000, respectively.
  •  
    $16,000 and $26,000, respectively.
  •  
    $20,000 and $16,000, respectively.
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