Which of the Following Statements Is True of Cost-Benefit Analysis

Multiple Choice

Which of the following statements is true of cost-benefit analysis?
(i) the best way to ascertain the value people put on a good is to ask them
(ii) the analysis should take into account only explicit costs and benefits
(iii) cost-benefit analyses often attempt to value goods for which there are a wide range of social impacts

A) (i)
B) (ii) and (iii)
C) (iii)
D) (i) , (ii) and (iii)