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Q. Can you explain Cost benefit analysis?

A term used to explain analysis, which seeks to quantify in money terms as many of the costs and benefits of a policy or project as possible, including those for which the market does not give a measure of economic value. The expression is sometimes confined to these monetary costs and benefits alone and sometimes used to describe an analysis of all the welfare costs and benefits.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9579068

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