Question: Benefit - Cost ratio is a method utilized for socio - economic evaluation of projects, and is particularly valuable in public project evaluations. Identify the

Benefit-Cost ratio is a method utilized for socio-economic evaluation of projects, and is particularly valuable in public project evaluations. Identify the benefit and cost components to be used in this type of evaluation for the projects below: a) Placement of traffic control devices such as road humps and stop signs in local neighborhood. b) Installation of noise barriers on a segment of a highway crossing residential neighborhood. c) Additional lane construction on the collector roadway segment.

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