Cost-effectiveness analysis (CEA) differs from benefit/cost analysis (B/C) in that: (a) CEA cannot handle multiple alternatives (b)

Question:

Cost-effectiveness analysis (CEA) differs from benefit/cost analysis (B/C) in that:

(a) CEA cannot handle multiple alternatives

(b) CEA compares alternatives on the basis of a specific outcome rather than solely on monetary units

(c) CEA cannot handle independent alternatives

(d) CEA is more time consuming and resource intensive

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

Question Posted: