Mesh term Cost-Benefit Analysis
Browse to parent terms:Costs and Cost Analysis
Description
A method of comparing the cost of a program with its expected benefits in dollars (or other currency). The benefit-to-cost ratio is a measure of total return expected per unit of money spent. This analysis generally excludes consideration of factors that are not measured ultimately in economic terms. Cost effectiveness compares alternative ways to achieve a specific set of results.Search for this term in our Faculty Database
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