Economics · Cost-Benefit Analysis
Assertion (A): Cost-Benefit Analysis always uses market prices to evaluate projects. Reason (R): In developing economies, market prices often reflect distortions, and shadow prices are used to reflect true social opportunity costs.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both A and R are true, and R is the correct explanation of A
- 2Both A and R are true, but R is not the correct explanation of A
- 3A is false, but R is true✓
- 4A is true, but R is false
Correct answer
A is false, but R is true
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