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:

Character Constant

A fixed value representing a specific character in programming, usually enclosed in single quotes, such as 'a' or '3'.

Significant Digits

The number of digits in a number that contribute to its accuracy, usually starting from the first non-zero digit.

Double Variable

A type of variable in programming that can hold a double-precision 64-bit IEEE 754 floating point.

Equivalent

Describes entities that are equal in value, function, or meaning even if they are not the same object or instance.