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Mathematics, 30.06.2019 13:00 shanice13

Alegislative committee is weighing the pros and cons of a clean-air program. if it spends $1 million on the program, the air will be cleaner by 20 percent. if it spends $2 million, the air will be cleaner by 30 percent. if it spends $3 million, the air will be cleaner by 35 percent. after comparing opportunity costs and benefits at the margin, the committee agrees to fund the program with $2 million. why did it not choose to appropriate $3 million? a. at $3 million, the air is not improved as much as the committee would like. b. at $3 million, the costs are no longer worth the benefits. c. it was too much to spend without a guarantee. d. the air is improved by the same amount whether $2 million or $3 million is spent

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Alegislative committee is weighing the pros and cons of a clean-air program. if it spends $1 million...
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