Use the following scenario to answer this question. A large lending institution is evaluating the long-term pros and cons of building a hydroelectric dam in the Amazon rainforest. First, the lending institution is identifying the appropriate factors and then quantifying them. The factors include, but are not limited to, the direct expenses of building the dam, the lost opportunities from placing a dam on the river, and the profit from the dam. Also included is an analysis of who will be affected by the dam.

Which of the following is not a major criticism of this type of analysis?

The quantification process compares the value of the lives of indigenous people's lives with the lives of people in the city who would be receiving the electricity.
People are willing to answer questions about how much they would spend to save the Amazon rainforest.
Monetary values are placed on intangible things like the river running freely.
The focus of this type of analysis would be mainly on the hydroelectric project rather than alternatives.
These are all criticisms of this type of analysis.