Quantitative information is always more important than qualitative information in benefit-cost analysis.

Question

Quizplus · Accepted Answer

Quantitative information provides measurable and numerical data, which is crucial for calculating costs and benefits. However, qualitative information offers insights into the impacts that are not easily quantified, such as social or environmental effects, and can be equally important in making comprehensive and informed decisions in benefit-cost analysis.

Quantitative Information Is Always More Important Than Qualitative Information in Benefit-Cost