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DETAILED RESPONSE NEEDED --> ANSWER QUESTIONS FROM ECON POINT OF VIEW WITH POINTS LIKE INDIRECT AND DIRECT BENEFITS AND HOW PULBIC BENEFIT IS DIFFERENT FROM

image text in transcribedDETAILED RESPONSE NEEDED --> ANSWER QUESTIONS FROM ECON POINT OF VIEW WITH POINTS LIKE INDIRECT AND DIRECT BENEFITS AND HOW PULBIC BENEFIT IS DIFFERENT FROM PRIVATE BENEFIT --> BOTH QUESTIONS NEED TO ANSWERED WITH DETAIL!!!!!!! TYPE ANSWER PLEASE

Industrial Development Tax Relief and Incentives Tax-relief competition between states seeking high-paying industrial jobs threatens to overpay for any conceivable net benefits. In 1993, Alabama paid more than $300 million in highway, rail, sewer, and other infrastructure investments to obtain a $300 million Mercedes plant with 1,500 jobs. From 2006 through 2009, North Carolina built a new runway at the Triad Airport for $130 million and provided job training and tax breaks worth another $142.3 million to obtain a \$300 million FedEx hub

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