Benefit-Cost Ratio Is Also Known As

question 35

Multiple Choice

Benefit-cost ratio is also known as:

• A)benefit-cost index.
• B)total profit index.
• C)profitability index.
• D)discounted cash flow index.

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Definitions:

Opportunity Costs

The potential benefits or returns that are foregone by choosing one alternative over another.

Trade Price

The price at which goods or services are traded between companies, often lower than retail price.

International Trade

The exchange of goods, services, and capital between countries or territories, influenced by comparative advantage, tariffs, and trade agreements.

Better Off

Refers to a situation where an individual's or group's economic situation or welfare has improved.