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cjr4808 cjr4808
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A year ago
Which of the following statements concerning cost-benefit analysis is true?

▸ Though it is often difficult to estimate costs and benefits with precision, cost-benefit analysis can be useful in determining whether to implement a given government policy.

▸ Large potential benefits, regardless of their time horizon, always justify government intervention.

▸ Large potential costs, regardless of their time horizon, always preclude government intervention.

▸ Cost-benefit analysis can be used effectively by private firms but should not be used in the public sector.

▸ Though benefits from a government policy can be accurately measured, costs are usually impossible to quantify.
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Microeconomics

Microeconomics


Edition: 17th
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duankong-feiduankong-fei
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A year ago
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cjr4808 Author
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A year ago
Good timing, thanks!
megan.xo
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This calls for a celebration Person Raising Both Hands in Celebration
elizabetheldrid
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2 hours ago
You make an excellent tutor!
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