Before considering any public project, the government should i) compare the total cost and total benefits of the project.
Ii) conduct a cost-benefit analysis.
Iii) infer that citizens who vote for a project are willing to pay equally for it.
A) i) only
B) ii) only
C) i) and ii) only
D) i), ii), and iii)

Question

Quizplus · Accepted Answer

The first two options - comparing the total cost and total benefits of the project and conducting a cost-benefit analysis - are important steps in making an informed decision about a public project. The third option about assuming citizens are willing to pay for it equally is not a fair assumption, as different people may have different levels of willingness to pay for a project. So, only options i) and ii) are necessary for considering a public project.

Before Considering Any Public Project, the Government Should I) Compare