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The Benefit Cost Ratio (BCR) is a financial metric used to evaluate the economic feasibility of a project. It compares the total benefits of a project to its total costs, expressed as a ratio. The formula is BCR = Total Benefits / Total Costs. A BCR greater than 1 indicates a positive return on investment. The Net Benefit Cost Ratio (NBCR) considers the time value of money and can be used for more complex projects.

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