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QUESTION
a) Describe cost benefit analysis as used to appraise large public sector investments
b) Compare as well contrast cost benefit analysis with investment appraisal
c) Explain what you understand by the term following terms in the context of cost benefit analysis
(1) Shadow price
(2) Social opportunity costs of capital
(3) Social time preference rate
d) What are the trouble that occur in cost- benefit analysis that are not apparent in ordinary investment projects?
(a) Discuss and determine the following statement: Emergent change does not provide a coherent alternative to Planned change but merely gives an umbrella for those who oppose it.
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Administration of Questionnaire: Questionnaire and interview schedule require different skills and different considerations for their administration. In the following
Q1. Critically analyze Mr. Vincent’s reasoning.
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