"Cost-Effectiveness" Analysis Involves

question 20

Multiple Choice

"Cost-effectiveness" analysis involves

• A)clearly describing the costs and benefits of a policy proposal.
• B)estimating the monetary values of costs and benefits.
• C)careful evaluation of the effectiveness of an established policy.
• D)cost-benefit analysis in the human services.

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Definitions:

Trade Discount

A reduction in the list price granted by a seller to a buyer based on the volume or value of the purchase.

FOB Shipping Point

A term used in shipping agreements indicating that the buyer is responsible for the goods and the shipping costs as soon as they leave the seller’s premises.

Sales Revenue

The earnings a business obtains through the sale of products or the delivery of services.

Trade Discount

A reduction in the listed price of a product or service, offered by sellers to buyers in the same trade or industry.