What is the essential difference between the conventional and modified versions of the benefit-cost ratio? Is it

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What is the essential difference between the conventional and modified versions of the benefit-cost ratio? Is it possible for these two measures to provide conflicting recommendations regarding invest/do-not invest decisions?

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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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Question Posted: May 24, 2016 07:19 AM

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What is the essential difference between the conventional and modified versions of the benefit-cost ratio? Is it

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The conventional benefitcost ratio has net benefits to the user...View the full answer

Engineering Economic Analysis

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