Which of the Following Activities Represents a Challenge When a Cost-Benefit

question 2

Multiple Choice

Which of the following activities represents a challenge when a cost-benefit analysis is performed?

• A)Calculating all of the indirect,less visible costs
• B)Placing an appropriate dollar value on the benefits
• C)Using computer software to calculate the results
• D)Controlling the variables of cost and benefit

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Definitions:

Liberty

Living without the influence of restricting authority over one’s personal life choices, behaviors, or political ideologies within the social order.

Colonies

Territories under the political control of an outside power, often settled by people from that power and exploited for economic benefit.

Navigation Acts

A series of British laws that regulated colonial trade and enabled England to collect taxes from its colonies by controlling goods shipped to and from the colonies.

British Regulating Trade

The set of policies and laws implemented by Britain to control trade within its empire, including the colonies.