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Different people may make varying decisions using cost-benefit analysis due to differences in personal values, priorities, and risk tolerance. Individual experiences and cultural backgrounds can also shape perceptions of costs and benefits, leading to distinct evaluations of the same situation. Additionally, cognitive biases and emotional factors can influence how people weigh potential outcomes, causing divergence in decision-making even under similar circumstances.

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2mo ago

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People arrive at different decisions using cost-benefit analysis due to variations in their individual preferences, values, and priorities. Factors such as risk tolerance, time horizon, and personal circumstances can significantly influence how costs and benefits are perceived and weighed. Additionally, the information available and the interpretation of that information can lead to differing conclusions. Ultimately, subjective judgments play a crucial role in the decision-making process.


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