Cost Benefit Analysis Answers

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Which steps are part of doing a cost-benefit analysis? Select three options.

A
predicting costs
B
identifying outcomes
C
comparing costs
D
calculating costs
E
delaying decisions
2
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Which question would a government leader most likely ask when using a cost-benefit analysis to make a decision?

A
How will this decision affect people and society?
B
Is the cost-benefit analysis the best tool to use?
C
Is the cost-benefit analysis accurate?
D
How will other leaders feel about the decision?
3

Which is an economic effect of adding healthier options to a school lunch program?

A
raising the prices of main and side dishes
B
eliminating desserts from the menu
C
lowering the prices of main and side dishes
D
eliminating side dishes from the menu
4

A potential cost for a government leader using a cost-benefit analysis is

A
a higher chance of disagreement.
B
lower financial benefits.
C
higher financial costs.
D
a lower chance of reelection.
5

The chart below shows the economic cost of two school lunch

Question illustration
A
The healthier lunch is more expensive because it helps to reduce childhood obesity.
B
The healthier lunch is more expensive because its beverage costs more.
C
The healthier lunch is more expensive because its dessert costs more.
D
The healthier lunch is more expensive because it uses better-quality ingredients.
6

What is a potential benefit of offering a health and wellness program to government workers?

A
Workers will have to pay less for lunches they buy at work.
B
Workers will get sick less and miss fewer days of work.
C
Workers will have to pay more for lunches they buy at work.
D
Workers will get better faster and miss fewer days of work.
7

The chart below shows the economic cost of two school lunches.

Question illustration
A
dessert.
B
side dish.
C
beverage.
D
main course.
8

Which best explains the economic benefits of building a smaller courthouse instead of a larger one?

A
A smaller courthouse would require fewer workers and materials and could open more quickly.
B
A smaller courthouse would require more workers and fewer materials and could open more quickly.
C
A smaller courthouse would require fewer workers and materials but could not open as quickly.
D
A smaller courthouse would require fewer workers and more materials but could not open as quickly.
9

The chart below shows the economic costs of two school lunches.

Question illustration
A
beverage.
B
main course.
C
dessert.
D
side dish.

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