The cost/benefit approach that economists agree on requires an economist to determine a quantitative cost and benefit for:
A) only tangible items.
B) everything but life.
C) everything, including life.
D) everything, including life but not potential lives.

Question

Quizplus · Accepted Answer

Economists use the cost/benefit approach to evaluate all aspects, including life, by assigning a quantitative value to both costs and benefits to make informed decisions.

The Cost/benefit Approach That Economists Agree on Requires an Economist