Cost-benefit and cost-effectiveness

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Cost-benefit and cost-effectiveness

Meaning of term cost-benefit and cost-effectiveness

Comparison of a program's outputs or outcomes with the costs (resources expended) to produce them Cost-effectiveness Evaluation analysis assesses the cost of meeting a single goal or objective, and can be used to identify the least costly alternative to

Source: http://www.desc.dla.mil/dcm/files/all%20inclusive%20energy%20glossary.xls

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