When we compare and contrast policy proposals, such as electric cars that reduce the nation's need for oil but increase the demand for the electricity produced by coal-fired plants, we are using a(n)
A)energy promotion evaluation.
B)auto industry impact analysis.
C)cost-benefit analysis.
D)policy impact assessment.
E)None of the above

Question

Quizplus · Accepted Answer

The scenario described is a classic example of a cost-benefit analysis, where the benefits of using electric cars (reducing the nation's need for oil) are weighed against the costs (increased demand for electricity produced by coal-fired plants). This type of analysis is used to determine whether the benefits of a proposed policy outweigh the potential costs and to make informed decisions about its implementation.

When We Compare and Contrast Policy Proposals, Such as Electric