Technical Feasibility Determines If the Project Is an Acceptable Financial

question 71

True/False

Technical feasibility determines if the project is an acceptable financial risk and if the organization can afford the expense and time needed to complete the project.

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Definitions:

Inelastic

A characteristic of demand or supply where the quantity demanded or supplied changes by a smaller percentage than changes in the price.

Exhaustive Governmental Outlay

Government spending that directly utilizes resources for providing goods and services, distinct from transfer payments like subsidies and social benefits.

Subsidy Check

Financial assistance given by the government to individuals, businesses, or institutions to support or promote economic activities.

Temporary Assistance

Aid or support provided for a limited period, often aimed at individuals or families in financial need.