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1.Among the set of project alternatives, the one that yields the largest potential Pereto improvement should be selected, it refers to Pareto choice or Kaldor-Hicks

1."Among the set of project alternatives, the one that yields the largest potential Pereto improvement should be selected", it refers to

Pareto choice or Kaldor-Hicks Criterion ?

2.In cost-benefit analysis, A scenario in which everything is held constant, exactly the way it is now- like snap shot in time , it refers to counterfactual or

Status Quo?

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