Cost effectiveness — Science definition

Benefit per unit of cost, which can rank options differently from total benefit — 0.15 against 0.167 litres per token here.

Where it is taught

In use

Cost effectiveness is the comparison that stops a decision being made on total performance alone: how much benefit each unit of cost buys, which can rank options differently from raw effect and is the reason both figures should be calculated.

Designing & Evaluating a Habitat Solution

Taught alongside

Elsewhere

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