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MUSCOVITE Posted 12 years ago
Vocabulary

"economic benefits" and the like cliches

Hi,

"Problem statement":
A certain company has come up with a new hydroelectric power station project. New power stations are expected to be much better than their predicessors in many respects: construction/mounting/operation etc. costs are believed to be much lower.

Not sure if the following language sounds natural to native speakers?
(1) "The total cost advantages of the new station will exceed $ NNN million.
(2) The total economic effect of the new station should be more than $ NNN million.
(3) The total economic benefits of the new station will be twice as large as what the nearest competitor offers.

Btw, which is preferable, "economic benefits of USING the new solution" or "economic benefits of the new solution"?
(Haven't seen any examples of the construct "economic benefits of [PARTICIPLE I] smth" in COCA ....)

mus-te
  

Top answer

(3) The total economic benefits of the new station will be twice as large as what the nearest competitor offers. Yes, those sound reasonable. MUSCOVITE which is preferable, "economic benefits of USING the new solution" or "economic benefits of the new solution"?

  • (3) The total economic benefits of the new station will be twice as large as what the nearest competitor offers.
  • Yes, those sound reasonable.
  • MUSCOVITE which is preferable, "economic benefits of USING the new solution" or "economic benefits of the new solution"?
  • I see no great difference.
  • The second is of course more concise, but 'using' may be more appropriate in some contexts where that activity is stressed.
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9 Answers
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MUSCOVITENot sure if the following language sounds natural to native speakers?(1) "The total cost advantages of the new station will exceed $ NNN million.(2) The total economic effect of the new station should be more than $ NNN million.(3) The total economic benefits of the new station will be twice as large as what the nearest competitor offers.
Yes, those s
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Thank you so much Mister Micawber!

One "traditional" question if I may.

"cost advantages" - "economic effect" - "economic benefits" - I wonder if all the three are common enough? and can be used interchangeably in context like that in my examples? (There may be nuances that only a native speaker is aware of :-) and no corpora can help an English learner "feel" such nuances...)
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MUSCOVITE"cost advantages" - "economic effect" - "economic benefits" - I wonder if all the three are common enough?
Yes.
MUSCOVITE can be used interchangeably in context like that in my examples?
Probably not by economists. 'Effects' of course can be unpleasant as well as pleasant, while 'benefits' are only the latter. 'Co
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Note that 'cost advantage' focuses entirely on the fact that the company building the station will save the stated amount of money, but 'economic benefits' affect the entire local economy and thus would include the economic benefit to, for example, the hired labor who would complete the project, to mention only one effect.

That means the 'cost advantages' could be a completely different n
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(1) "The cost advantages of the new (hydroelectric) station may exceed $ NNN million.
[Comment: Until you have funding, a design and hard bids, and the cost structure of the new electrical distribution, you can only say 'may' and not use 'total', without misleading]
(2) The overall economic impact of the new (hydroelectric) station could possibly be more than $ NNN million.
[Comment:
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MUSCOVITE "economic benefits" and the like cliches
By the way, "the like" is not used to modify a noun as you have done. It's used at the end of a list.

"costs", "benefits", "profits", and the like.
cups, saucers, plates, bowls, and the like.
commas, periods, colons, semi-colons, and the like.
shirts, suits, ties,
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"Problem statement":
A certain company has come up with a new hydroelectric power station project. New power stations are expected to be much better than their predeessors in many respects: construction/mounting/operation etc. costs are believed to be much lower.

A small final comment.
The above does not state
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CalifJimBy the way, "the like" is not used to modify a noun as you have done. It's used at the end of a list.
CalifJimWhat you need as a modifier is "similar": "economic benefits" and similar cliches.
To err is English learner :-)
(Seriosly, thanks for "leaving no stone unturned" in my posts... I really appreciate that!

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