If (PVB/PVC) for a Given Policy Option Equals 5

question 11

Multiple Choice

If (PVB/PVC) for a given policy option equals 5.5, this means that

• A) the policy option is not feasible
• B) for every dollar of incremental costs incurred by society, there are $5.50 in realized incremental benefits
• C) the policy option is feasible
• D) both (b) and (c) are correct

---

Definitions:

Exemplars

Specific instances or examples that are representative of a category or concept, used in cognitive psychology to illustrate how people categorize items based on remembered instances.

Explicit Learning

A learning process that involves conscious awareness of what is being learned, typically verbalized or explained.

Implicit Learning

Learning that occurs without conscious awareness of what has been learned.

Instances

Specific examples or occurrences of a particular event or situation.