Need done within 50 mins. Marginal cost of Govt Program MC vs MB?
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Using the concept of marginal analysis (MC vs. MB) analyze a particular government program and determine if you find its MB to exceed its MC. For example, the MC of a new bike trail may be $5 million of taxpayer dollars. The MB is the enjoyment the people of Springfield get from using the trail. Some may argue that the MC exceeds the MB as there are other places to run or bike. Use the same process to analyze another program or expenditure.
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