Each of the Following Explains Why Cost-Benefit Analysis Is Difficult

question 397

Multiple Choice

Each of the following explains why cost-benefit analysis is difficult except

• A)there is no price with which to judge the value of a public good.
• B)surveys are often biased and unreliable.
• C)it is difficult to identify all factors that influence costs and benefits of public goods.
• D)government projects rarely have sufficient funding to complete them on time.

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Definitions:

Water Temperature

The measure of how hot or cold water is, an important physical quantity that affects the environment and life in aquatic systems.

West Antarctica

A region of Antarctica that lies west of the Transantarctic Mountains and includes the Antarctic Peninsula, characterized by its dynamic ice sheets and impact on sea-level rise.

Global Sea Level

The average height of the world's oceans' surface, used as a base for measuring elevations and the varying heights of geological features.

Ice Volume

The total quantity of ice contained within glaciers, ice caps, and ice sheets worldwide.