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The benefit - cost principle involves pursuing a policy so long as: the value of resources used in the project covers the project's borrowing costs.
The benefitcost principle involves pursuing a policy so long as:
the value of resources used in the project covers the project's borrowing costs.
the value of resources used in the project is higher than their opportunity costs.
the value of resources used in the project is higher than the money spent on them.
the value of resources used in a project is higher than the lowest value of the resources used elsewhere.
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