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Use the Economic Cost template to describe the economic cost of your proposal. The economic cost is greater than the price paid for goods and services (the accounting cost) because it also includes the cost of focusing on this purchase or activity and excluding others (the opportunity cost). For example, the economic cost of war is the actual monies paid out plus the cost of not having the resources of those monies, personnel, and equipment available for peaceful activities.
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Related chapters may be used in conjunction with this chapter depending on your situation. Many related chapters are intended to be used together to form a more complex and integrated proposal.

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Proposal Pack for Any Business
A proper business proposal will include multiple chapters. This chapter is just one of many you can build into your proposal. We include the complete fill-in-the-blank template in our Proposal Pack template collections. We also include a library of sample proposals illustrating how companies in different industries, both large and small, have written proposals using our Proposal Packs. This template will show you how to write the Economic Cost.

We include a chapter library for you to build from based on your needs. All proposals are different and have different needs and goals. Pick the chapters from our collection and organize them as needed for your proposal.

Using the Proposal Pack template library, you can create any business proposal, report, study, plan, or document such as these.

Writing the Economic Cost document

Use this template to describe the economic cost of your proposal. The economic cost is greater than the price paid for goods and services the accounting because it also includes the cost of focusing on this purchase or activity and excluding others the opportunity cost. For example the economic cost of war is the actual monies paid out plus the cost of not having the resources of those monies personnel and equipment available for peaceful activities. Accounting Cost Describe here the actual outlay of monies needed to complete the proposed project. You may need to refer to another document that explains the costs in more detail. Opportunity Cost Describe here the alternative opportunities that may be lost while you complete the proposed project. In other words what would you or your client do with the money and personnel if you did not do the project. Summarize your recommendations or concerns here.

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