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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I have a problem in economics on Relation between Implicit Costs and Opportunity costs. Please help me in the following question. The Implicit costs are: (1) Opportunity costs. (2) Always variable costs. (3) Similar as the accounting costs. (4) Similar as the explicit
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