Webexample, in some dictionaries, ‘efficient’‘cost efficient’ and ‘cost , ective’ are eff given as synonyms. 1. While many economists and others would distinguish between these termstheir uses do not always align. For example, the term ‘cost effective’ is sometimes used to mean that the outcome of an action was worth more than its ... WebCost-benefit analysis is a way to compare the costs and benefits of an intervention, where both are expressed in monetary units. Both CBA and cost-effectiveness analysis (CEA) include health outcomes. However, CBA places a monetary value on health outcomes so that both costs and benefits are in monetary units (such as dollars).
Cost-efficient Definition & Meaning - Merriam-Webster
WebFind 4 ways to say COST-EFFECTIVE, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus. WebMar 27, 2024 · The meaning of COST-EFFICIENT is cost-effective. Recent Examples on the Web This was his candid way of telling rank-and-file employees to become more cost-efficient or risk becoming a redundancy. — Kylie Robison, Fortune, 5 Apr. 2024 This type of customer loyalty is cost-efficient because a company has to spend more money and … kern county health inspection reports
Cost-effective designs
WebCost-effective definition: Economical in terms of the goods or services received for the money spent. WebCost-efficient definition, cost-effective. See more. See the most commonly confused word associated with cost-effective WebCost-effectiveness analysis ( CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action. Cost-effectiveness … kern county health care providers