Two alternatives, identified as X and Y, are evaluated using the B/C method. Alternative Y has a higher total cost than X. If the B/C ratios are 1.2 and 1.0 for alternatives X and Y, respectively, which alternative should be selected? Why

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Two alternatives, identified as X and Y, are evaluated
using the B/C method. Alternative Y has a
higher total cost than X. If the B/C ratios are 1.2
and 1.0 for alternatives X and Y, respectively,
which alternative should be selected? Why

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When comparing different-life alternatives by the B/C method, the alternatives should be compared over:

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