Which best describes the decision criterion for implementing either a private or public
Project?
A) Costs should not exceed benefits.
B) A cost-to-benefit ratio should be less than unity.
C) Benefits should exceed costs.
D) All of the above.
E) None of the above.

Question

Quizplus · Accepted Answer

The decision criterion for implementing either a private or public project involves ensuring that the benefits outweigh the costs, which is encapsulated by all the given options. Costs not exceeding benefits, a cost-to-benefit ratio being less than unity, and benefits exceeding costs are all different ways of stating that the benefits of a project should outweigh its costs for it to be considered viable.

Which Best Describes the Decision Criterion for Implementing Either a Private