Sometimes Analysts Think That an Externality Is Present in a Project,but

question 74

True/False

Sometimes analysts think that an externality is present in a project,but they recognize that the particular externality cannot be quantified with any precision-estimates of its effect would really just be guesses.In such a situation,the externality should be ignored,i.e.,not considered at all,because if it were considered,it would make the analysis appear more precise than it actually is.

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Definitions:

Outer Planets

The planets in the Solar System located beyond the asteroid belt, typically referring to Jupiter, Saturn, Uranus, and Neptune.

Hydrologic Cycle

The cycle representing the movement of water between the oceans, atmosphere, land, rivers and other surface water, groundwater, and organisms.

Water Processes

Encompasses the various physical phenomena involving water, including its cycle through the environment (evaporation, condensation, precipitation) and its role in shaping the Earth's surface (erosion, deposition).

Overlapping Spheres

Conceptual representation of how different parts or spheres of an ecosystem or the Earth intersect and interact with each other.