MCQOPTIONS
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| 1. |
When government employ cost-benefit analysis to help them decide whether to provide a public good, measuring benefits is difficult because ? |
| A. | there are no benefits to the public since a public good is not excludable |
| B. | the benefits are infinite because a public good is not rival and an infinite amount of people can consume it at the same time |
| C. | one can never place a value on human life or the environment |
| D. | respondents to naires have little incentive to tell the truth. |
| Answer» E. | |