answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How do consumers use cost-benefit analysis Why do consumers make different decisions using this process?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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.


Consumers used cost- benefit analysis in order to maximize what?

Consumers use cost-benefit analysis in order to maximize utility.


What consumers use cost-benefit analysis in order to maximize?

Consumers use cost-benefit analysis in order to maximize utility.


Consumers use cost-benefit analysis in order to maximize what?

Consumers use cost-benefit analysis in order to maximize utility.


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

Costs and benefits are both subjective.


What is the centerpiece of the marketing environment analysis framework?

Consumers


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.


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

Subjective


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

Subjective


Consumers use cost benefit in order to maximize what?

Consumers use cost-benefit analysis in order to maximize utility.


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.