?
______ type of feasibility deals with the costs of both development and operations of the system.
Answer & Solution
Correct Answer:
Option
A
Economic type of feasibility deals with the costs of both development and operations of the system. Economic feasibility refers to the feasibility of the considered project to produce economic benefits. A benefit-cost analysis is needed. Furthermore the economic feasibility of a project can also be evaluated by a breakeven analysis.
Join the Discussion
Login to post a comment or share your explanation.
Login