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A study on firms in the accommodation and food services sector found that literacy and essential skills training resulted in a benefit of $577 per

A study on firms in the accommodation and food services sector found that literacy and essential skills training resulted in a benefit of $577 per participant while the costs were $100 per participant. In total, 500 trainees completed the training. What was the net benefit of the program?

a. $238,500

b. 477%

c. $288,500

d. $477

e. 1%

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