Q
When government employ cost-benefit analysis to help them decide whether to provide a public good, measuring benefits is difficult because ?
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A
A. There are no benefits to the public since a public good is not excludable
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B
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
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C
C. One can never place a value on human life or the environment
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D
D. Respondents to naires have little incentive to tell the truth.
Correct Answer:
D. D. Respondents to naires have little incentive to tell the truth.
