List three criticisms that have been made about benefit-cost analysis.

Question

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The Answer is The three criticisms that have been made of benefit cost analysis include:1)public agencies use benefit-cost analysis to justify increasing their budgets;2)benefit-cost analysis is used to limit political discussion and decision-making about prospective public projects and programs;and 3)benefit-cost analysis is a way of limiting spending on public programs because of the difficulty of measuring benefits relative to costs.

List Three Criticisms That Have Been Made About Benefit-Cost Analysis