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Author Question: Which of the following statements concerning cost-benefit analysis is true? (Read 17 times)

Darron12

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on: Oct 12, 2022

Question 1

Provincial laws that mandate a minimum drinking age for alcohol are an example of government intervention through
◦ merit-goods control.
◦ communism.
◦ redistribution and reorganization.
◦ regulation.
◦ public provision and price control.

Question 2

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.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Darron12 on Oct 12, 2022

leilani49

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Darron12

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

bimper21

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Reply 3 on: Yesterday
Excellent

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