Q183
______ type of feasibility deals with the costs of both development and operations of the system.
A.
Economic
AnswerB.
Motivational
C.
Technical
D.
Schedule
Answer: Option A
Solution
Answer: Option A
Solution:
Economic type of feasibility deals with the costs of both development and operations of the system. Economic feasibility refers to the feasibility of the considered project to produce economic benefits. A benefit-cost analysis is needed. Furthermore the economic feasibility of a project can also be evaluated by a breakeven analysis.