Question

Suppose the college administrators estimate that the beautification initiative will cost $2,040. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 420 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $12. The benefit of the beatification initiative, as suggested by the survey, is ____

Answer 1

420 x 12 = 5,040

Step-by-step explanation:

Because the estimated benefit is greater than the cost, the college administrators should undertake the beautification initiative.