Question

Cost-benefit analysis for environmental policies includes all of the following EXCEPT: a focus on the choices...

Cost-benefit analysis for environmental policies includes all of the following EXCEPT:
a focus on the choices that are available.
an unambiguous estimation of potential costs and benefits.
the preferences of individuals.
the present value of benefits and costs that will be incurred by today's people and future generations.
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The cost-benefit analysis takes into consideration the available options available and based on the highest net present value of these alternatives, the best is chosen. It evaluates the same on the basis of the societal benefits and cost associated and not the individuals. It is to be noted that the societal choices or the cost and benefits of the society are determined by summing the individual choices. However, this analysis does not take into account the cost and benefits to future generations. (d)

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Let’s say an economist does a cost-benefit analysis on a green energy project to stop climate...
Let’s say an economist does a cost-benefit analysis on a green energy project to stop climate change. The economist finds that it’s more cost-effective to not do the project, and invest the funds elsewhere, because the benefits of the project are largely to future generations (and are thus discounted), while the project costs are up front. Is this fair to all parties involved? How much does your answer change if you assume that future generations will have a much higher...
Planning and analysis is a process that includes all the following except a. defining and choosing...
Planning and analysis is a process that includes all the following except a. defining and choosing the operational goals of an organization. b. analyzing alternative choices for resource distribution. c. selecting senior officials to manage program resources. d. choosing methods used to achieve goals over a specified time period.
Perform a benefit /cost analysis for the following usage cost projects having the same life time...
Perform a benefit /cost analysis for the following usage cost projects having the same life time of 5 years and interest rate of 2% by finding the incremental benefits/costs in steps one after the other. You have to write only the final value of incremental benefits/costs in the required answer field. The three projects have the following values, all calculated in PW form: Project 1 : benefits = $51,138 and cost =$14,831 Project 2 : benefits = $79,480 and cost...
Should decisions about natural resource policy be made based on cost benefit analysis? b.The Department of...
Should decisions about natural resource policy be made based on cost benefit analysis? b.The Department of Natural Resources is planning a program for protecting a wilderness area and has evaluated three options (labelled A, B, and C below) using cost-benefit analysis techniques. Some of the results are presented in the following table. Option A B C Total benefits $68 957 $63 757 $24 325 Total costs $6 272 $4 156 $3 655 Benefit to cost ratio 11.0 15.3 6.7 Marginal...
1. What is cost-benefit analysis? What are the main steps in conducting cost-benefit analysis? 2. A...
1. What is cost-benefit analysis? What are the main steps in conducting cost-benefit analysis? 2. A city has learned that by buying larger garbage trucks, it could reduce labor costs for garbage removal. Note: All the dollar amounts below are in this year’s dollars (constant dollars). a. Cost of the trucks today is $400,000. b. Annual savings in this year’s constant dollars is $90,000. c. Trucks will last for 4 years and then will be sold for $100,000. d. The...
Preform a benefit/cost analysis on the following project: Expected costs: $5,000 today, $5,000 a year from...
Preform a benefit/cost analysis on the following project: Expected costs: $5,000 today, $5,000 a year from today, and $5,000 two years from today Expected revenue: $6,000 five years from today, $7,000 seven years from today, and $8,000 ten years from today. Assume a 6% discount rate The Net Present Value (NPV) of the project The benefit/cost ratio Is the project worth undertaking?
Conduct a Benefits-Cost Analysis on the following Highway Project using: Initial Costs of Tunnel $5,000,000 Annual...
Conduct a Benefits-Cost Analysis on the following Highway Project using: Initial Costs of Tunnel $5,000,000 Annual costs for operating/maintenance 150,000 Annual savings and benefits to travelers 250,000 Residual value of benefits after horizon 350,000 Useful life of investment 30 years Interest Rate 6% a. B-C Ratio of Annual Worth b. B-C Ratio of Future Worth c. B-C Ratio of Present Worth
Question 1:All of the following are considered cash inflows except the: A. future residual value of...
Question 1:All of the following are considered cash inflows except the: A. future residual value of the capital investment B. future additional operating costs of the investment C. future savings in ongoing cash operating costs D. future cash revenue generated by the investment Question 2:Capital budgeting methods which incorporate the time value of money include the A. average rate of return B. accounting rate of return C. net present value method D. payback method Question 3: Net present value is...
Providing an HR cost/benefit analysis can be a time consuming and expensive endeavor. However, providing such...
Providing an HR cost/benefit analysis can be a time consuming and expensive endeavor. However, providing such a quantitative data to senior managers can help improve the chance of HR policies/project/programs being funded. Consider the operations and marketing departments who have a long tradition of quantifying costs/benefits of their programs. These departments have quite a bit of experience with presenting their activities in dollars and cents. HR, on the other hand, does not have as much experience and therefore are at...
Mara gets a free flu shot from her campus clinic. As a result, she and her...
Mara gets a free flu shot from her campus clinic. As a result, she and her roommates avoid the flu all season. Which statement is true? Question 6 options: a) The externality is created by producers for producers b) Flu shots create an external cost. c) If flu shots were not free, the number of people getting them would be larger than what is socially optimal. d) The externality generated by flu shots is more similar to that provided by...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT