Social Cost Benefit Analysis (SCBA) focuses on social costs and benefits, but these often tend to differ from the monetary costs and benefits of the projects. The principal sources of discrepancy are

Exam Question

Social Cost Benefit Analysis (SCBA) focuses on social costs and benefits, but these often tend to differ from the monetary costs and benefits of the projects. The principal sources of discrepancy are:

• 1. Taxes
• 2. Market imperfections
• 3. Internalities
• 4. Both (a) and (c) above
• 5. Both (a) and (b) above

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