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:

Flexible Operating Procedures

Operational methods that allow adjustments or variations to accommodate changing conditions or needs.

Adjourning Stage

Where teams disband when their work is finished.

Team Development Process

A series of stages teams typically go through to evolve from forming to performing, encompassing storming, norming, and performing phases.

Final Stage

The last phase in a process or sequence of events, often implying the completion of some development or progression.