cost benefit analysis cost benefit analysis cba is the social appraisal of marginal investment projects and policies which have consequences over time it uses criteria derived from welfare economics rather ...
Filetype Power Point PPT | Posted on 02 Sep 2022 | 3 years ago
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...Cost benefit analysis cba is the social appraisal of marginal investment projects and policies which have consequences over time it uses criteria derived from welfare economics rather than commercial seeks to correct project for market failure environmental impacts are frequently externalities both negative positive attach monetary values external effects so that they can be taken account along with on ordinary inputs outputs policy same as bca intertemporal efficiency given concerned based in a key idea ua ca ub cb an allocation efficient if impossible make one individual better off without thereby making other worse requires satisfaction conditions equality individuals consumption discount rates return across firms common rate mrus b otherwise could made c r mrusa defines s then first condition stated note not constants shifting foregoing makes available next period defined i where second increase resulting this slope transformation frontier minus written each firm were investing ind...