The state legislature has to decide whether to fund a proposal to repair roads or a proposal that would increase funding for new school construction. • Describe the benefits and opportunity cost of the decision.

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Baraq

Considering the situation described above, the benefit of the cost of the state legislature's decision to repair roads or construct new schools is to gain more positive popularity and provision of amenities for its people.

The benefit of the cost of a decision is the measure of financial and socio-political benefits (in the case of government) derived from a decision.

In this case, the benefits the state legislature would derive are the popularity they would gain and the provision of social amenities to the citizens.

On the other hand, the opportunity cost of the decision is the money spent for this repair or construction that could have been saved in the government coffers.

Hence, in this case, it is concluded that there are both benefits and opportunity costs attached to decisions.

Learn more about the cost-benefit analysis here: https://brainly.com/question/17900209