Each of the following explains why cost-benefit analysis is difficult except
A)there is no price with which to judge the value of a public good.
B)surveys are often biased and unreliable.
C)it is difficult to identify all factors that influence costs and benefits of public goods.
D)government projects rarely have sufficient funding to complete them on time.

Question

Quizplus · Accepted Answer

Option D is irrelevant as it does not contribute to why cost-benefit analysis is difficult. On the other hand, options A, B, and C highlight difficulties in measuring the value and costs of public goods, which makes cost-benefit analysis challenging.

Each of the Following Explains Why Cost-Benefit Analysis Is Difficult