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The Major Limitation of Cost Effective Analysis as Compared with Cost

Question 36

Multiple Choice

The major limitation of cost effective analysis as compared with cost benefit analysis is that:


A) cost effective analysis cannot determine which of several programs is the most efficient.
B) cost effective analysis is far more complex and difficult to apply.
C) cost effective analysis is only good for determining which of several programs is most efficient.
D) cost effective analysis consistently underestimates costs.

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