Question

In: Economics

In conducting benefit-cost analyses, do you think nonuse values should be considered? Why or why not?

In conducting benefit-cost analyses, do you think nonuse values should be considered? Why or why not?

Solutions

Expert Solution

Non Use values such as sunk cost actually be considered and this is because of the fact that they can actually make a difference in the overall cost of the overall benefit received as a result of which the ratio can actually changed and that is why they have to be considered


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