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2. C. b. d. e. a. A proposed public project would produce the following pattern of individual benefits and costs. Revise only the cost
2. C. b. d. e. a. A proposed public project would produce the following pattern of individual benefits and costs. Revise only the cost shares of individuals C and E to meet the Pareto Criterion. (7 points total). Round to whole numbers. Individual For A D E F (.5) Total Individual Benefit $5,980 $4,270 $6,420 $7,820 $3,860 $6,840 $35,190 Percent Benefit 17 12 Individual C 23 Individual C 19 Current Individual Costs (.5) $4,640 $4,640 $4,640 $4.640 $4,640 $4,640 $27,840 Is the project economically feasible? Assuming that those who would benefit would vote for the project and those who would no benefit would not, what is the vote for and against the project? Against (.5) What percent of benefits do individuals C and E gain? Revised Farete Costs $4,733 $3,341 $6,403 Does the current cost distribution meet the Pareto Criterion? $5,290 (1) Individual E (1) What are the cost shares when they are revised to meet the Pareto Criterion? (1) Individual E (.5) (1)
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