Asked by
Jiaming Khing
on Nov 17, 2024
Verified
If the government decides to build a new community center, the first step would be to conduct a study to determine the value of the project. The study is called a
A) budget analysis.
B) project analysis.
C) reimbursement analysis.
D) cost-benefit analysis.
Cost-Benefit Analysis
An economic evaluation method that compares the relative costs and benefits associated with a proposed project or decision.
- Familiarize yourself with the complexities and methods applied in performing cost-benefit analysis to evaluate public projects.
Verified Answer
OZ
Learning Objectives
- Familiarize yourself with the complexities and methods applied in performing cost-benefit analysis to evaluate public projects.