Definition for Difference between revisions of "Cost-benefit analysis"
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(Created page with "The costs of a proposed action are compared to the benefits that result from the action. - If benefits > costs: pursue the action - Not all costs and benefits can be identif...") |
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The costs of a proposed action are compared to the benefits that result from the action. | The costs of a proposed action are compared to the benefits that result from the action. | ||
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[[Category:Economics]] | [[Category:Economics]] | ||
Latest revision as of 14:54, 7 February 2018
The costs of a proposed action are compared to the benefits that result from the action.
- If benefits > costs: pursue the action. Not all costs and benefits can be identified.