5
AssignmentMultiple Choice

Opportunity Cost

Question 5 • FL-2106010-M/J Civics B-CR

A cost-benefit analysis compares the

Answer
A
benefit of a decision with its explicit costs only.
B
explicit and implicit costs of a decision.
C
positive effects of a decision with its costs.
D
opportunity costs of a decision.

Explanation

A cost-benefit analysis weighs the benefits of a decision against the costs of making it. The benefits are its positive effects, while the costs can include both explicit and implicit costs. Therefore, the correct choice is “positive effects of a decision with its costs.”

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