Question

An important part of a cost-benefit analysis is identifying

Answer 1

A cost-benefit analysis seeks to map the burden and the bonus of a decision-making, whether in the private or public sphere.

Public officials are constantly faced with making choices that impact the lives of citizens. This happens every time they need to choose a public policy.

Public policy is always a matter of choice. Resources are scarce and the public agent must make the best possible choice, that choice that will maximize social benefit.

In this way, a cost-benefit analysis should take into account:

• The economic viability of the project

• The reach, that is, how many people will benefit

• Compare with other possible choices

The best choice will be the one that serves the largest number of people at the lowest possible cost.

Thus, alternative (B) is correct.

Answer 2

Your answer is choice B.