Results for: Cost-benefit-analysis

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What is social cost benefit analysis why is it important?

Social cost benefit analysis means that a business assesses the social ramifications of a business decision before doing it. It is good for business, so that they can plan… (MORE)

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In Business Accounting and Bookkeeping

Advantages and disadvantages of cost benefit analysis?

The advantages of cost benefit analysis include being useful for making decisions, easy to see where to start with a project, forces data presentation for arguments, usefu… (MORE)

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In Economics

What is true of decisions made using cost-benefit analysis?

The best decision results in the most benefits with the fewest costs. The best decision results in the most benefits with the fewest cost The best decision results in the most… (MORE)

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In Economics

What is willingness to pay in cost benefit analysis context?

Cost benefit Analysis is a evaluative technique used to help facilitate efficient decision making. CBA involves identifying all benefits and costs and quantifying them to comp… (MORE)

M200220232

5,912 Contributions

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In Economics

Who created the Benefit Cost Analysis?

The concept of cost-benefit analysis dates back to an 1848 article by Jules Dupuit and was formalised in subsequent works by Alfred Marshall.

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In Business & Finance

Types of Cost-benefit analysis methods?

One type of cost-benefit analysis is cost minimization. This is where one determines the least costly alternative. Cost-of-illness analysis takes the economic impact of il… (MORE)

Aeja Coleman

13 Contributions

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In US Air Force

What best describes the purpose of cost-benefit analysis?

To make decisions that maximize benefits A major purpose of using the techniques of cost-benefit analysis, and have been correctly described, a consistent pursuit of t… (MORE)

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In Business Accounting and Bookkeeping

Why is it important to consider marginal benefits and costs you do a cost benefit analysis?

Marginal cost at each level of production includes any additional costs required to produce the next unit. If producing extra vehicles requires building a new factory, the mar… (MORE)

Calista E

1 Contribution

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In Math and Arithmetic

What is the answer to 20c plus 5 equals 5c plus 65?

20c + 5 = 5c + 65 Divide through by 5: 4c + 1 = c + 13 Subtract c from both sides: 3c + 1 = 13 Subtract 1 from both sides: 3c = 12 Divide both sides by 3: c = 4 20c + 5 = 5c … (MORE)

Suzanne (Zanbabe) Benner

2,517,310 Contributions

"Maddest of all: to see life as it is, and not as it should be." --Man of La Mancha

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In Business & Finance

What is the purpose of using a cost benefit analysis?

You would use a cost-benefit analysis to see what the best approach would be to a problem. It helps you know what alternative is best in terms of effort, time, and cost.