Why is a cost-benefit analysis of a highway difficult to conduct
A)Analysts cannot estimate the explicit cost of a project that has not been completed.
B)Analysts are unlikely to have access to costs on similar projects.
C)Analysts are not able to consider the opportunity cost of resources.
D)Analysts do not have a price with which to judge the value of the highway.

Question

Quizplus · Accepted Answer

The difficulty in conducting a cost-benefit analysis for a highway stems from the challenge of quantifying the benefits, as there is no direct market price to assess the value of the highway's impact on factors like travel time savings, economic development, and environmental effects.

Why Is a Cost-Benefit Analysis of a Highway Difficult to Conduct