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Education › Economics › Environmental And Resource Economics › Economic Cost Benefit Analysis

Economic Cost Benefit Analysis Quiz

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| By Thames

T

Thames

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Quizzes Created: 7229 | Total Attempts: 9,524,689

| Questions: 8 | Updated: Nov 12, 2025

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1. What is the primary purpose of a cost-benefit analysis?

To evaluate the financial performance of a company

To compare the costs and benefits of a project

To assess market trends

To determine employee satisfaction

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Economic Cost Benefit Analysis Quiz - Quiz

2. What's your name?

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2. Which of the following is NOT typically included in a cost-benefit analysis?

Direct costs

Indirect costs

Intangible benefits

Employee turnover rates

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3. What does 'discounting' refer to in cost-benefit analysis?

Reducing the value of future costs and benefits

Increasing the value of future costs and benefits

Eliminating costs

Adding additional benefits

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4. In cost-benefit analysis, what is a 'net present value'?

The total costs minus total benefits

The present value of benefits minus the present value of costs

The future value of costs

The sum of all costs

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5. Which of the following is a limitation of cost-benefit analysis?

It can quantify all costs and benefits

It may overlook intangible factors

It is always accurate

It requires no data

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6. What is the term for costs that are incurred regardless of the decision made?

Sunk costs

Variable costs

Fixed costs

Opportunity costs

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7. Which of the following best describes 'opportunity cost'?

The cost of the next best alternative foregone

The total cost of a project

The cost of materials used

The cost of labor

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8. What is a common method for presenting the results of a cost-benefit analysis?

Bar charts

Pie charts

Tables

All of the above

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What is the primary purpose of a cost-benefit analysis?

Which of the following is NOT typically included in a cost-benefit...

What does 'discounting' refer to in cost-benefit analysis?

In cost-benefit analysis, what is a 'net present value'?

Which of the following is a limitation of cost-benefit analysis?

What is the term for costs that are incurred regardless of the...

Which of the following best describes 'opportunity cost'?

What is a common method for presenting the results of a cost-benefit...

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