What is social cost benefit analysis?
Submitted by: AdministratorIt refers to the study of feasibility of a project in terms of its total economic cost and total economic benefits.
It means to compare total cost with total benefit if we add external cost with private cost, its called total social cost if we add external benefit with private benefit, called total social benefit.
Submitted by: Administrator
It means to compare total cost with total benefit if we add external cost with private cost, its called total social cost if we add external benefit with private benefit, called total social benefit.
Submitted by: Administrator
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