What is the meaning of COST-BENEFIT ANALYSIS?

COST-BENEFIT ANALYSIS is the method of measuring the benefits anticipated from a decision by determining the cost of the decision, then deciding whether the benefit outweighs the cost of that decision.

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APABarry Goldsmith. (2010). cost-benefit analysis. Retrieved September 26, 2026, from http://smartdefine.org/cost-benefit_analysis/definitions/1150941
ChicagoBarry Goldsmith. 2010. "cost-benefit analysis" http://smartdefine.org/cost-benefit_analysis/definitions/1150941 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, cost-benefit analysis, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/cost-benefit_analysis/definitions/1150941>.
MLABarry Goldsmith. "cost-benefit analysis" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/cost-benefit_analysis/definitions/1150941>
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