Suppose you have a project that will generate net benefits (NB) for three individuals as follows: Person A - income $50,000, NB = $4,000; Person B - income $100,000, NB = $10,000; Person C -income $100,000, NB = $8,000 For this project, equity is determined on the basis of net benefits as a proportion of income. Explain whether horizontal equity has been achieved for all three individuals. If not, explain whether there is horizontal equity among any pair of individuals. Your answer MUST include a clear explanation of horizontal equity