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30 April, 07:24

People come to different decisions using cost-benefit analysis even under the same conditions

because costs and benefits are both what?

absolute

Outilities

subjective

nonmonetary

+3
Answers (1)
  1. 30 April, 07:37
    0
    Subjective

    Explanation:

    Cost-benefit analysis is a systematic approach used to make a decision and determine it's cost, calculating the amount of benefit and check if the benefits obtained will be more than the costs.

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