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elena55 [62]
3 years ago
11

The following data are for a series of increasingly extensive flood-control projects.

Business
1 answer:
marissa [1.9K]3 years ago
4 0

Answer:

$28,000 and $12,000, respectively

Explanation:

Marginal cost = incremental cost from Plan C to Plan D

= total cost (plan D) - total cost (plan C)

= 72,000 - 44,000 = $28,000

Marginal benefit = incremental benefit from Plan C to Plan D

= total benefit (plan D) - total benefit (plan C)

= 64,000 - 52,000 = $12,000

Therefore marginal cost and benefits for Plan D = $28,000 and $12,000, respectively

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For more details about high risk investment, click here:

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