10. A university is considering building a new bridge across a nearby river. Economists have monetized the following effects over the expected useful life of the bridge. Assume these are the only relevant effects:

State Grant: $110

Construction and maintenance costs: $420

University personnel's Willingness to Pay: $300

All other's Willingness to Pay: $30

Assume only University personnel has standing. Anyone not affiliated with the University does not have standing. The "State Grant" is the dollar amount the University can get from the state to help cover the cost of the construction. What are the net benefits of the project?

a. -$120

b. -$90

c. -$10

11. Regarding the information in the previous question, question 10, would a "spender" doing constituency-support analysis generally support this project?

a. No, "spenders" incorrectly consider everything to cost because they don't want to spend.

b. No, "spenders" think about everyone and would not include the state grant.

d. Yes, "spenders" consider input costs as a benefit since it is local spending.