Which of the following statements regarding the valuing of costs and benefits is

Question

Which of the following statements regarding the valuing of costs and benefits is not correct'' In the absence of competitive markets, we can use one - sided puces to determine exact cash values. i The fast step in evaluating a project is to identify its costs and benefits C Competitive market paces allow us to calculate the value of a decision without worrying about the rates or options of the maker Because competitive markers exist for most commodes and financial asset, we can use them to determine cash hoc decisions m most situations

Explanation / Answer

Solution.

Option C is false.

In the competitive market price we have to cosider taste and opinions of the decision maker for best price determination of product.

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