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...Cost benefit analysis performing a is basic to all financial decision making we each do it consciously or unconsciously every day for action take purchase make major expenditures of public funds requires more formal process most commonly used in local government as part the capital budgeting and improvements program cip maximizing welfare versus profit business broader complex must estimate value benefits costs that are indirect intangible at its essence one comparison combined pursuing course policy realistically determining challenge project desirable when present estimated flow discounted community s equals exceeds...