A Cost-Benefit Analysis of a Highway Is Difficult to Conduct

question 82

Multiple Choice

A cost-benefit analysis of a highway is difficult to conduct because analysts

• A)cannot estimate the explicit cost of a project that has not been completed.
• B)are unlikely to have access to costs on similar projects.
• C)are not able to consider the opportunity cost of resources.
• D)will have difficulty estimating the value of the highway.

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Definitions:

Older Men

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The highest level of education an individual has completed, such as high school, undergraduate, or graduate degrees.

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The probability or chance that a particular event will occur.

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A legally and socially sanctioned union between individuals that establishes rights and obligations between them and their children, and society.