cost–effective
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adjective
cost–ef·fec·tive
\ˈkȯst-ə-ˈfek-tiv, -ˌfek-\
Simple Definition of cost–effective
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: producing good results without costing a lot of money
Source: Merriam-Webster's Learner's Dictionary
Full Definition of cost–effective
: economical in terms of tangible benefits produced by money spent <cost–effective measures to combat poverty>
cost–effectiveness
noun1967
First Known Use of cost–effective
1967
Other Economics Terms
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