Engineering Economy, 5/e Leland Blank,
Texas A&M University Anthony Tarquin,
University of Texas - El Paso
Benefit/Cost Analysis and Public Sector Economics
Learning ObjectivesPurpose: Understand public sector economics; evaluate a project and compare alternatives using the benefit/cost ratio method. This chapter will help you:
1. Public sectorIdentify fundamental differences between public and private
sector economic alternatives.
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| | | 2. B/C for single projectUse the benefit/cost ratio to evaluate a single project.
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| | | 3. Alternative selectionSelect the better of two alternatives using the incremental B/C ratio method.
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| | | 4. Multiple alternativesSelect the best from multiple alternatives using the incremental B/C method.
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