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"Economic feasibility is about understanding whether the project is less costly." True or false?

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"Economic feasibility is about understanding whether the project is less costly." True or false?
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Solution 1

False. Economic feasibility is not just about understanding whether a project is less costly. It involves a comprehensive analysis of the economic aspects of a project, including the cost-effectiveness, the return on investment, the payback period, and the benefits versus the costs. It's about deter Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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