t Project A Benefits Project A Costs Project B Benefits Project B Costs 0 0 300,000 0 300 000 1 0 100,000 400,000 100,000 2 0 100,000 400,000 100,000 3 0 100,000 400,000 100,000 4 1,600,000 100,000 400,000 100,000 Which of these projects will society most likely prefer at a discount rate of 0%? Make sure to explain your reasoning for full credit