BENEFITS AND COSTS
\bˈɛnɪfˌɪts and kˈɒsts], \bˈɛnɪfˌɪts and kˈɒsts], \b_ˈɛ_n_ɪ_f_ˌɪ_t_s a_n_d k_ˈɒ_s_t_s]\
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A method of comparing the cost of a program with its expected benefits in dollars (or other currency). The benefit-to-cost ratio is a measure of total return expected per unit of money spent. This analysis generally excludes consideration of factors that are not measured ultimately in economic terms. Cost effectiveness compares alternative ways to achieve a specific set of results.
By DataStellar Co., Ltd
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.
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