The Cost- Benefit criterion assumes all of the following except:
A)The distribution of costs and benefits is irrelevant.
B)Positive net social benefits indicate better social states.
C)"A dollar is a dollar."
D)Gains and losses from changes in social state are equal.

Question

Quizplus · Accepted Answer

The Cost-Benefit criterion does not assume that gains and losses from changes in social state are equal. It primarily focuses on whether the total benefits outweigh the total costs, without necessarily equating the magnitude of individual gains and losses.

The Cost- Benefit Criterion Assumes All of the Following Except