Economics · Cost-Benefit Analysis
In Cost-Benefit Analysis, if the calculated total benefits exceed the total costs (Benefit-Cost Ratio > 1), what is the evaluation decision for the project?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Financially impossible to execute
- 2Indifferent or neutral to continue
- 3Not beneficial to continue the project
- 4Beneficial to undertake and continue the project✓
Correct answer
Beneficial to undertake and continue the project
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