Author Question: What is one criticism of cost-benefit analysis? a. It fails to address the importance of ... (Read 31 times)

awywial · **on:** Jul 12, 2018

What is one criticism of cost-benefit analysis?

a. It fails to address the importance of efficiency as a value to be realized.
b. It does not consider the need to place a value on human life.
c. Data on the costs and benefits of a policy are often difficult to obtain.
d. It emphasizes the consequences for individuals rather than society as a whole.

Question 2

What assumption is made by cost-benefit analysis?

a. that all policies have greater costs than benefits
b. that society will be made better off only by policies whose benefits exceed their costs
c. that society will be made worse off by policies whose benefits are equal to their costs
d. that all policies have greater benefits than costs