Cost-benefit analysis:
A) forces methodical consideration of each impact of a policy on social welfare.
B) disciplines thinking and always dictates choices.
C) injects untenable calculation into emotional arguments.
D) that reveals marginal abatement costs rarely helps regulators find efficient levels of regulation.

Question

Quizplus · Accepted Answer

Cost-benefit analysis is a methodical approach that weighs the positive and negative impacts of a policy on social welfare. It helps decision-makers to evaluate the effectiveness and efficiency of different policy options to make an informed decision.

Cost-Benefit Analysis