A cost-benefit analysis of a highway is difficult to conduct because analysts
A)cannot estimate the explicit cost of a project that has not been completed.
B)are unlikely to have access to costs on similar projects.
C)are not able to consider the opportunity cost of resources.
D)will have difficulty estimating the value of the highway.

Question

Quizplus · Accepted Answer

Estimating the value of a highway involves assessing both tangible and intangible benefits, such as time saved, reduced accidents, and environmental impact, which can be complex and challenging to quantify accurately.

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