According to Benefit-Cost Analysis

question 3

Multiple Choice

According to benefit-cost analysis

• A) identification of the "acceptable" risk level is based on the criterion of allocative efficiency
• B) the efficient risk level is found where the MSB and MSC of risk reduction are equal
• C) the risk level associated with the maximum difference between TSB and TSC of risk reduction is allocatively efficient
• D) all of the above
• E) none of the above

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