In calculating costs of a public investment project, indirect costs are always difficult to estimate because of their partly nonmarket nature.

Name: In calculating costs of a public investment project, indirect costs are always difficult to estimate because of their partly nonmarket nature.
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Question

Quizplus · Accepted Answer

Indirect costs such as environmental impact, social effects, and other nonmarket factors can be difficult to quantify and estimate in a cost-benefit analysis.

In Calculating Costs of a Public Investment Project, Indirect Costs