Which of the following statements is true about cost-benefit analysis?

Which of the following statements is true about cost-benefit analysis?







a. It treats health and safety merely as an intrinsic value and denies its instrumental value.
b. It requires that an economic value be placed on one's life and bodily integrity.
c. It adopts the least expensive and most efficient means available to achieve existing standards.
d. It uses ethical criteria in setting standards.













Answer: B


Business Ethics

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