Identify the one true statement. a. Benefit-cost analysis is recommended for a formal economic analysis of private programs or projects. b. A common benefit-cost analysis method is to compare the...

Identify the one true statement. a. Benefit-cost analysis is recommended for a formal economic analysis of private programs or projects. b. A common benefit-cost analysis method is to compare the difference in benefits and costs, i.e., (B − C). c. The B/C ratio must use the present worth of all net benefits over the present worth of all net costs d. All of the above statements are true.