Which of the following statements is true of cost-benefit analysis? (i) analysts are not able to observe price signals
(ii) costs are explicit and quantified quite easily
(iii) benefits are rough approximations
A) (i) and (ii)
B) (ii) and (iii)
C) (i) and (iii)
D) (i), (ii) and (iii)

Question

Quizplus · Accepted Answer

Analysts often cannot observe price signals directly, and benefits are typically rough approximations due to their subjective nature and difficulty in quantification.

Which of the Following Statements Is True of Cost-Benefit Analysis