Cost-benefit analysis is frequently difficult to apply because it is difficult to quantify the full benefits of a public good or service.

Question

Quizplus · Accepted Answer

This is true because public goods and services often have intangible or indirect benefits that are difficult to measure in monetary terms. Additionally, the benefits may be spread out over a long period of time, making it challenging to accurately estimate the overall impact.

Cost-Benefit Analysis Is Frequently Difficult to Apply Because It Is