4. Some time back Collin College put in place 12 vocational training programs. Now it wants to phase out those that are not meeting expectations and keep those programs that are. To help it decide which programs to drop and which to keep. the College plans to do BCAs for each. a. (8 pts) Which perspective(s) should the College adopt in its BCA studies? Are there any issues of standing to address? b. (8 pts) In a stylized benefit-cost framework table, such as text Table 14.2 (page 361). list the main benefits and costs that are relevant to the decision and indicate how each affects the different relevant groups as well as society. Try to make the list comprehensive while avoiding double counting, C. (8 pts) What kind of evaluation design should the College use in conducting its BCAs? What are the advantages and disadvantages of this design? Is it practical for a college? Explain d. (8 pts) Which of the benefits and costs you list in your answer to b. above, can be monetized? How would you deal with benefits and costs that can't be monetized? 5. Arlingt Answered: You would like to accumulate $12,000 for a do estimated cost of construction Ae 9 SWPS 4. Some time back Collin College put in place 12 vocational training programs. Now it wants to phase out those that are not meeting expectations and keep those programs that are. To help it decide which programs to drop and which to keep. the College plans to do BCAs for each. a. (8 pts) Which perspective(s) should the College adopt in its BCA studies? Are there any issues of standing to address? b. (8 pts) In a stylized benefit-cost framework table, such as text Table 14.2 (page 361). list the main benefits and costs that are relevant to the decision and indicate how each affects the different relevant groups as well as society. Try to make the list comprehensive while avoiding double counting, C. (8 pts) What kind of evaluation design should the College use in conducting its BCAs? What are the advantages and disadvantages of this design? Is it practical for a college? Explain d. (8 pts) Which of the benefits and costs you list in your answer to b. above, can be monetized? How would you deal with benefits and costs that can't be monetized? 5. Arlingt Answered: You would like to accumulate $12,000 for a do estimated cost of construction Ae 9 SWPS