In Evaluating High-Tech Projects

question 58

Multiple Choice

In evaluating high-tech projects,

• A) only tangible benefits should be considered.
• B) only intangible benefits should be considered.
• C) both tangible and intangible benefits should be considered.
• D) neither tangible nor intangible benefits should be considered.

---

Definitions:

Variable Cost

Expenses that change in proportion to the activity of a business.

Mud Statues

Refers specifically to figures crafted from earth materials like clay, often in a cultural or artistic context, but remains unrelated to economic jargon.

Total Cost

The complete expense incurred in the production of goods or services, including both fixed and variable costs.

Loan

Borrowed money that is expected to be paid back with interest.