When using the benefit/cost ratio measure of worth, what benchmark is the calculated ratio compared to in

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When using the benefit/cost ratio measure of worth, what benchmark is the calculated ratio compared to in determining if an individual investment is attractive?

a. 0.0

b. MARR

c. 1.0

d. IRR

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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