There is some debate about whether secondary benefits should be considered when assessing public policy proposals. Identify two reasons why secondary benefits might be excluded from a benefit-cost analysis of proposed environmental policy.
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Q21: Incremental benefits refer to the
A) accumulated gains
Q22: In the averting expenditures model shown below,
Q23: The averting expenditures method
A) uses spending changes
Q24: The benefit received from the continuance of
Q25: If benefit functions for a public good
Q27: A collaborative federal and state program has
Q28: A collaborative federal and state program has
Q29: The contingent valuation method involves
A) constructing a
Q30: The hedonic price method
A) is a direct
Q31: Assuming that the marginal social benefit (MSB)
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