Tag Archives | Social Cost-Benefit (SCB) Analysis

Social Cost-Benefit (SCB) Analysis: With Illustrations

This article provides notes on the Social Cost-Benefit (SCB) Analysis. Social cost-benefit analysis has been defined in many ways by various exponents. It is defined— “as a methodical and rational process of identifying, evaluating and assessing the benefits (outputs) and costs (inputs) associated with alternative activities which will effec­tively accomplish economic targets and social goals.” […]

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