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Q: People come to different decisions using cost-benefit analysis even under the same conditions because costs and benefits are both what?
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Related questions

Why do different people come to different decisions using cost-benefit analysis even under the same conditions?

Costs and benefits are both subjective.


People come to different decisions using cost benefit analysis even under the same conditions because cost and benefit are both what?

Subjective


What are different analysis?

Different types of analysis include: statistical analysis, financial analysis, market analysis, risk analysis, and cost-benefit analysis. Each type of analysis focuses on specific data or information to provide insights and make informed decisions in various fields such as business, economics, and research.


Why do people come to different decisions using a cost benefit analysis even under the same conditions?

Costs and benefits are both subjective.


Why do people come to different conditions using cost benefit analysis even under the same conditions?

Costs and benefits are both subjective.


What are the different approaches in policy analysis?

Some common approaches in policy analysis include cost-benefit analysis, comparative analysis, stakeholder analysis, and scenario planning. Cost-benefit analysis assesses the economic impact of policies, while comparative analysis looks at similar policies implemented in different contexts. Stakeholder analysis identifies and evaluates the interests of individuals and groups affected by the policy, and scenario planning considers multiple possible future outcomes of policy decisions.


Which type of analysis do businesses utilize when making decisions among various projects?

Benefit-cost analysis


How did cost-benefit analysis help traders make decisions about business?

Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade.


What utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions?

utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions.


What Capital budgeting decisions usually involve analysis of?

cash outflows only


What is the benefit of correlation and regression analysis in business decisions?

The benefit of using correlation and regression analysis in business decisions is that it allows you to weigh outcomes. This can help managers see if they should continue with their current model or make changes to it.


What is the difference between engineering economics decisions and design decisions?

Starting a new business requires many decisions. List five examples of decisions that might be assisted by engineering economics analysis