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A proposed public project would produce the following pattern of individual benefits and costs. Revise the cost shares of each individual to meet the Pareto
A proposed public project would produce the following pattern of individual benefits and costs. Revise the cost shares of each individual to meet the Pareto Criterion. (8 points total). Round to whole numbers. a. Is the project economically feasible? (.25) b. Assuming that those who would benefit would vote for the project and those who would not benefit would not, what is the vote for and against the project? For (.25) Against (.25) c. Does the current cost distribution meet the Pareto Criterion? (.25) d. Calculate the percent benefit and revise the cost shares for each individual and note the answers in A proposed public project would produce the following pattern of individual benefits and costs. Revise the cost shares of each individual to meet the Pareto Criterion. (8 points total). Round to whole numbers. a. Is the project economically feasible? (.25) b. Assuming that those who would benefit would vote for the project and those who would not benefit would not, what is the vote for and against the project? For (.25) Against (.25) c. Does the current cost distribution meet the Pareto Criterion? (.25) d. Calculate the percent benefit and revise the cost shares for each individual and note the answers in
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