0
Can all Opportunity costs be evaluated using a cost benefit analysis?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
What cost benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
Cost benefit analysis is a process that invloves whcih of the following?
Maximizing benefits and minimizing costs.
What is the last step of the cost benefit analysis?
Step 6--Use the Economic Analysis for Decision Making
Is opportunity cost define as the real cost or the variable cost?
The opportunity cost is defined as alternative cost - costs measured in output of products and services forgone.It can't be defined as variable cost. In the simple formula p = 2q + 100, we can say that 2 is the variable cost. In other words: it's not fixed like the 100.Opportunity costs are not restricted to financial or monetary costs though. The real costs of output forgone (e.g. when choosing between a number of products like shotguns and bananas), lost time / pleasure, or any other benefit that provides benefit should also be considered opportunity costs. Therefore real costs are part of opportunity costs.
What benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
What Cost-benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
What cost benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
What is the procedure of evaluating the costs and benefits of a specific pharmacy program?
Cost-benefit analysis
Cost benefit analysis is a process that invloves whcih of the following?
Maximizing benefits and minimizing costs.
What is the last step of the cost benefit analysis?
Step 6--Use the Economic Analysis for Decision Making
Is opportunity cost define as the real cost or the variable cost?
The opportunity cost is defined as alternative cost - costs measured in output of products and services forgone.It can't be defined as variable cost. In the simple formula p = 2q + 100, we can say that 2 is the variable cost. In other words: it's not fixed like the 100.Opportunity costs are not restricted to financial or monetary costs though. The real costs of output forgone (e.g. when choosing between a number of products like shotguns and bananas), lost time / pleasure, or any other benefit that provides benefit should also be considered opportunity costs. Therefore real costs are part of opportunity costs.
What process is used to determine if the benefits caused by mitigation exceed the costs of the solution?
benefit/cost analysis
What kinds of decisions result from using cost benefit analysis?
an outcome with benefits that are greater than the costs
What describes the kinds of decisions that result from using cost-benefit analysis?
An outcome with benefits that are greater than the costs.
What is marginal analysis?
A type of cost-benefit decision making that compares the extra benefits to the extra costs of an action
What are the differences between social cost benefit analysis and financial analysis?
Benefit-cost analysis determines whether the direct social benefits of a proposed project or plan outweigh its social costs over the analysis period. Such a comparison can be displayed as either the quotient of benefits divided by costs (the benefit/cost ratio), the difference between benefits and costs (net benefits), or both. A project is economically justified if the present value of its benefits exceeds the present value of its costs over the life of the project. Financial Analysis. The objective of financial analysis is to determine financial feasibility (that is, whether someone is willing to pay for a project and has the capability to raise the necessary funds). A financial analysis answers questions such as, Who benefits from a project? Who will repay the project costs, and are they able to meet repayment obligations? Will the beneficiaries be financially better off compared to what they will be obligated to pay?
