When Evaluating Proposals for Building a New Municipal Sewage Treatment

When evaluating proposals for building a new municipal sewage treatment plant, a benefit-cost analysis does not have to include the cost of the land if it is to be donated.

A) does not have to include the cost of the land if it is donated.
B) must include the value of the land even if it is donated.
C) may or may not include the cost of the land if it is donated, depending on whether the donor is a private or public entity.
D) benefit-cost studies are not appropriate for municipal projects.