12- The DWCBA is most relevant when the society cares about the distributional .. the alternative projects under consideration have different scales b. most of the costs accrue to one group while most of the benefits are enjoyed by anther c. poor people receive low incomes d. there is a budget constraint 13- DWCBA is used when, a. the society is willing to sacrifice efficiency to gain equity b. the society is willing to sacrifice equity to gain efficiency C. the society would like to gain both equity and efficiency d. None of the above

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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12- The DWCBA is most relevant when the society cares about the distributional
the alternative projects under consideration have different scales
most of the costs accrue to one group while most of the benefits are enjoyed by anther
poor people receive low incomes
a
b.
c.
d. there is a budget constraint
13- DWCBA is used when,
a.
the society is willing to sacrifice efficiency to gain equity
b. the society is willing to sacrifice equity to gain efficiency
C. the society would like to gain both equity and efficiency
d. None of the above
14- The Cost effectiveness analysis differs from CBA in that:
a. CEA can show the net social gains of a certain project
b.
CEA can rank projects but cannot guarantee if any has the best value for society
C. CEA may insure allocative efficiency but not technical efficiency
d. CEA always ensures adopting projects with least costs
15- The most cost-effective project among many alternatives is the one that:
a. maximizes effectiveness and minimizes costs at the same time
b. maximizes effectiveness
c. minimizes costs
d.
minimizes costs for given effectiveness
Transcribed Image Text:12- The DWCBA is most relevant when the society cares about the distributional the alternative projects under consideration have different scales most of the costs accrue to one group while most of the benefits are enjoyed by anther poor people receive low incomes a b. c. d. there is a budget constraint 13- DWCBA is used when, a. the society is willing to sacrifice efficiency to gain equity b. the society is willing to sacrifice equity to gain efficiency C. the society would like to gain both equity and efficiency d. None of the above 14- The Cost effectiveness analysis differs from CBA in that: a. CEA can show the net social gains of a certain project b. CEA can rank projects but cannot guarantee if any has the best value for society C. CEA may insure allocative efficiency but not technical efficiency d. CEA always ensures adopting projects with least costs 15- The most cost-effective project among many alternatives is the one that: a. maximizes effectiveness and minimizes costs at the same time b. maximizes effectiveness c. minimizes costs d. minimizes costs for given effectiveness
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