Cost-benefit analysis attempts to
A)compare the real worth, rather than the market values, of various goods and services.
B)compare the relative desirability of alternative distributions of income.
C)determine whether it is better to cut government expenditures or reduce taxes.
D)compare the benefits and costs associated with any economic project or activity.

Question

Quizplus · Accepted Answer

Cost-benefit analysis is a process used to evaluate the total anticipated cost of a project compared to the total expected benefits in order to determine the best or most profitable course of action. This involves comparing the benefits and costs associated with any economic project or activity to assess its feasibility or worth.

Cost-Benefit Analysis Attempts to