Asked by Vianny Encalada on May 12, 2024
Verified
What is the main difficulty facing cost-benefit analysts when they attempt to evaluate the worthiness of proposed public projects?
Cost-Benefit Analysts
Professionals who assess the economic pros and cons of different projects or decisions to determine their financial viability.
Public Projects
Initiatives funded and executed by the government aimed at benefiting the general public, such as infrastructure development and educational programs.
- Understand the role of government in addressing issues related to common resources and public goods.
Verified Answer
EK
Emily KiesslingMay 13, 2024
Final Answer :
The main difficulty is that cost-benefit analysts have no market price(s) with which to evaluate proposed projects.
Learning Objectives
- Understand the role of government in addressing issues related to common resources and public goods.