Cost-Benefit Analysis

question 21

Multiple Choice

Cost-benefit analysis

• A) involves value judgments and factual uncertainties.
• B) considers only short-term effects.
• C) values costs over benefits focusing on internalities.
• D) is a value-free social-scientific approach.

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Definitions:

Intuitive

People who are more comfortable with theories, abstraction, imagination, and speculation.

Thinker

A person who likes to analyze problems using facts and rational logic.

Extrovert

A person who is outgoing, social, optimistic, and often uncomfortable with being alone.

Intrapersonal Learner

An individual who prefers learning through introspection, self-study, and reflection, often understanding their own thoughts and feelings best.