Question

define technical and economical feasibility..?​

Answer 1

Answer:

Hi mark it as the brainliest

Explanation:

Technical Feasibility is defines as the feasibility that is concerned with specifying equipment and software that will successfully satisfy the user requirement. It compasses the technical needs of the system.

Economic feasibility analysis is the most commonly used method for determining the efficiency of a new project. It is also known as cost analysis. It helps in identifying profit against investment expected from a project. Cost and time are the most essential factors involved in this field of study.

Answer 2

!! Hell0 !!

Answer:

◽TECHNICAL FEASIBILITY:-⤵⤵

◽ Technical feasibility is to determine that the proposed system can be developed and implemented using existing technologies or whether new technologies are required..

◽ Hardware, software and network requirements for the new system are also determined in technical feasibility..

↪↪◽ ECONOMIC FEASIBILITY:-⤵⤵

◽ Economic feasibility is to determine expected benefits and savings from a proposed system and compare them with costs.

⚪If the system does not appear to be profitable then it is not feasible to move ahead....

Hope it helps

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