Differentiate project feasibility study and project proposal
Differentiate between project feasibility study and project proposal?
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Project feasibility study is essential to make a decision whether the project proposal is economically & technically feasible. After completion of the project feasibility report by the experts (economical & technical), the judgment for going ahead for preparation of Detailed Project Report (DPR) for the project proposal .
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When a purely competitive industry is into long run equilibrium, in that case a typical firm can: (w) earn normal accounting profit although only zero economic profit. (x) incur economic losses when these are offset by accounting prof
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