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If the net benefit of investing in Project A is $100 and that of investing in Project B is $90, ...

yandy

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If the net benefit of investing in Project A is $100 and that of investing in Project B is $90, ...

If the net benefit of investing in Project A is $100 and that of investing in Project B is $90, which of the following statements is TRUE?

▸ Switching from Project A to Project B reduces the net benefit by $10.

▸ Switching from Project A to Project B increases the net benefit by $10.

▸ Switching from Project B to Project A increases the net benefit by $100.

▸ An individual can optimize by choosing Project B.

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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jd1044

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More solutions for this book are available here

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yandy Author

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A year ago

Good timing, thanks!

jodie1

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this is exactly what I needed

lipop

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Thanks

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