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What is the result when the benefits of a decision are greater than the opportunity cost of that decisionk us anything?
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Why is weighing costs and benefits useful for decision makers?
Weighing the costs and benefits of a potential decision can help someone see all of the possible outcomes of that decision.
When one decision is made the next best alternative decision not selected is called?
Opportunity Cost
What economic model demonstrates opportunity cost decision?
Lolliklvblphd
How does an opportunity cost differ from a trade-off?
Trade-off uses the gun's and butter decision while opportunity cost is the most desirable alternative insted of the gun's and butter decision :)
How does an opportunity cost differ from a trade -off?
Trade-off uses the gun's and butter decision while opportunity cost is the most desirable alternative insted of the gun's and butter decision :)
Which is the result when the benefits of a decision are greater than the opportunity cost of that decision?
It would be helpful to know what the decision is to know what the benefits and opportunity of the decision are. It is important to include this information.
How does opportunity cost enter in to the market of buy decession?
Opportunity Costs are those indirect costs which account for the benefits sacrificed for the funds utilized in a particular decision of investment. In cost analysis, when ascertaining the investment portfolio, The benefits foregone for it needs to be considered so that the relative comparison of the investment avenues in terms of return could be compared and a suitable decision could be made. Thus we see that the buy decisions are influenced by a set od direct and indirect cost considerations, of which the "opportunity cost" is one element.
Ight and then click submit Match the following terms with their definitions A Opportunity cost A decision-making tool that weighs additional costs and benefits of going for one more unit of?
Pony
Why is weighing costs and benefits useful for decision makers?
Weighing the costs and benefits of a potential decision can help someone see all of the possible outcomes of that decision.
What can a decision- making grid do?
help you determine the oppotunit cost of your decision.
What are the steps of benefit analysis in the correct order?
Be presented with a decision. List the costs of the decision. Figure out all of the benefits of the decision. Compare costs and benefits to see which is bigger.
When one decision is made the next best alternative decision not selected is called?
Opportunity Cost
What is true of decisions made of cost benefits analysis?
The best decision results in the most benefits with the fewest costs.The best decision results in the most benefits with the fewest costThe best decision results in the most benefits with the fewest costs. Apex 8)Please provide additional information in order to receive an answer.The best decision results in the most benefits with the fewest costs.
What economic model demonstrates opportunity cost decision?
Lolliklvblphd
How does an opportunity cost differ from trade offs?
Trade-off uses the gun's and butter decision while opportunity cost is the most desirable alternative insted of the gun's and butter decision :)
How does an opportunity cost differ from a trade-off?
Trade-off uses the gun's and butter decision while opportunity cost is the most desirable alternative insted of the gun's and butter decision :)
How does an opportunity cost differ from a trade -off?
Trade-off uses the gun's and butter decision while opportunity cost is the most desirable alternative insted of the gun's and butter decision :)
