Definition of Cost-benefit analysis

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TeachMeFinance.com - explain Cost-benefit analysis



Cost-benefit analysis

The term 'Cost-benefit analysis' as it applies to the area of reclamation can be defined as ' A quantitative evaluation of the costs which would be incurred versus the overall benefits to society of a proposed action'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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