For a given policy option, if (PVB - PVC) is greater than 1, that policy option is considered to be feasible.

Question

Quizplus · Accepted Answer

The feasibility of a policy option is typically not determined solely by the difference between its Present Value of Benefits (PVB) and Present Value of Costs (PVC) being greater than 1. Feasibility involves a broader assessment including economic, technical, legal, and operational considerations.

For a Given Policy Option, If (PVB - PVC) Is