According to Cost-Benefit Analysis,a Government Project Should Be Undertaken as Long

question 35

Multiple Choice

According to cost-benefit analysis,a government project should be undertaken as long as the

• A)Opportunity costs exceed the welfare benefits.
• B)Benefits exceed the opportunity costs.
• C)Benefits equal the costs.
• D)Voters approve the project.

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Definitions:

Symbolic Form

A representation of ideas or concepts through symbols rather than direct statements.

Believe

To accept something as true, especially without absolute proof that it is so.

Symbolic Form

Utilization of symbols to represent complex ideas or concepts, including in art, literature, or mathematics.

Connective

In logic, a symbol or word used to connect two or more sentences in a compound sentence or to connect two or more propositions in a complex proposition.