​The Objective of ____ Is to Determine a Specific Value

question 50

Multiple Choice

​The objective of ____ is to determine a specific value based on a predetermined discount rate.

• A)project evaluation and review technique (PERT) 
• B)​return on investment (ROI) 
• C)​cost/benefit analysis
• D)net present value (NPV)

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Definitions:

Gasoline

A liquid fuel made from petroleum and used primarily to power internal combustion engines.

Cost Function

A mathematical representation that describes how costs incurred by a firm change with variations in the level of production activity.

Output

The amount of products or services generated by a company, sector, or economic system within a specific time frame.

Housing Development

Planned construction projects that consist of multiple houses or apartments, designed to cater to specific or general housing needs.