Economic feasibility

Economic feasibility,

Definition of Economic feasibility:

  1. Analysis of a projects costs and revenues in an effort to determine whether or not it is logical and possible to complete.

How to use Economic feasibility in a sentence?

  1. After reviewing the economic feasibility of sending you to Mars, weve concluded a better investment for humanity is dumping red dye into an Olympic sized swimming pool and giving you a rubber ducky.
  2. They were looking at upgrading their computer systems, but once they looked at the economic feasibility they realized the additional revenues would not offset the costs.
  3. We did not know if there was enough economic feasibility to continue on with our project and do what we were gonna do.

Meaning of Economic feasibility & Economic feasibility Definition