Which of the Following Is NOT One of the Perspectives

question 19

Multiple Choice

Which of the following is NOT one of the perspectives used in calculating costs and benefits in cost-benefit analysis

• A)program participants
• B)researchers
• C)society as a whole
• D)all of the answers represent such perspectives

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Definitions:

Profit-Maximizing

A strategy or approach adopted by firms aiming to make the highest possible profit from their operations, often involving adjustments in production or pricing.

Net Revenue

The total amount of income generated by a business after deducting costs directly associated with making and selling its products.

Investment Project

A project involving the allocation of funds or resources with the expectation of generating financial returns or benefits.

National Income

The total value of all goods and services produced by a country within a specific time period, measuring the economic performance.