Social Studies, 05.09.2021 01:00 mmassaro19
A member of Congress is feeling pressure to get re-elected, so they’re deciding between two programs.
Option A: Airport Security: it costs $50 million and saves 10 lives
Option B: Lead Cleanup: it costs $70 million and saves 12 lives
What is the marginal benefit (MB) and marginal cost (MC) of the airport security, compared to the lead cleanup?
A) MB=$20 million; MC=2 lives lost
B) MB=2 more lives saved; MC=$20 million
C) MB=12 lives saved; MC=$70 million
D) MB=10 lives saved; MC=$50 million
Answers: 2
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A member of Congress is feeling pressure to get re-elected, so they’re deciding between two programs...
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