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Examveda

______ type of feasibility deals with the costs of both development and operations of the system.

A. Economic

B. Motivational

C. Technical

D. Schedule

Answer: Option A

Solution(By Examveda Team)

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.

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