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Click to see additional instructions Consider two possible public works projects: Project A and Project B. The costs and benefits of each project to each
Click to see additional instructions Consider two possible public works projects: Project A and Project B. The costs and benefits of each project to each citizen depends on the citizen's height. The costs and benefits of each project to tall citizens and short citizens are summarized in the table below: Project A Project B Benefits Tall Citizens $375 $425 Short Citizens $250 $180 Costs Tall Citizens $310 $300 Short Citizens $225 $180 Part 1) If we care equally about short and tall citizens, what is the net benefit of Project A to this society? Enter your numeric answer here (please provide a whole number as your answer, without the dollar sign): $ Part 2) What is the distributional weight of each dollar spent or received by a tall citizen (relative to that of a short citizen) that would make the values of these two projects be equal? Enter your numeric answer, rounded to 2 decimal places:Click to see additional instructions Consider two possible public works projects: Project A and Project B. The costs and benefits of each project to each citizen depends on the citizen's height. The costs and benefits of each project to tall citizens and short citizens are summarized in the table below: Project A Project B Benefits Tall Citizens $375 $425 Short Citizens $250 $180 Costs Tall Citizens $310 $300 Short Citizens $225 $180 Part 1) If we care equally about short and tall citizens, what is the net benefit of Project A to this society? Enter your numeric answer here (please provide a whole number as your answer, without the dollar sign): $ Part 2) What is the distributional weight of each dollar spent or received by a tall citizen (relative to that of a short citizen) that would make the values of these two projects be equal? Enter your numeric answer, rounded to 2 decimal places
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