questiona define cost benefit analysis as used to, Management Theories

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questiona define cost benefit analysis as used to

QUESTION

a) Define cost benefit analysis as used to appraise large public sector investments

b) Compare and contrast cost benefit analysis with investment appraisal

c) Explain what you understand by the following terms in the context of cost benefit analysis

(1) Shadow price
(2) Social opportunity cost of capital
(3) Social time preference rate

d) What are the difficulties that occur in cost benefit analysis that are not apparent in ordinary investment projects?

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