Evaluating of costs and benefits is likely to require
A)only observed prices.
B)only economists as they possess all the technical expertise required.
C)a PhD in economics.
D)ad hoc assumptions.

Question

Quizplus · Accepted Answer

Evaluating costs and benefits often involves making ad hoc assumptions due to the complexity and variability of real-world situations, which cannot always be captured by observed prices or solely by economists.

Evaluating of Costs and Benefits Is Likely to Require