Benefit-cost Ratio
6 practice questionsEngineering EconomicsStep-by-step solutions
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1
A public project is generally considered justified when its benefit–cost ratio is at least:
A.0
B.0.5
C.1
D.2
2
A project has present worth of benefits 40,000. Its benefit-cost ratio is:
A.0.8
B.1.25
C.1.0
D.2.0
3
A project is generally considered worthwhile when its benefit–cost ratio is:
A.Greater than 1
B.Less than 1
C.Equal to 0
D.Negative
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