Choosing the best antipollution program


Question: Which following antipollution programs should be undertaken by the government? Explain your answer?

The following table shows the total costs and total benefits in billions for four different antipollution programs of increasing scope:

Program Total Cost (in Billions) Total Benefit (in Billions)
A-------------------$3 -------------------------------- $7
B------------------- 7 -------------------------------- 12
C-------------------12 --------------------------------16
D-------------------18 --------------------------------19

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Microeconomics: Choosing the best antipollution program
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