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S_A_V [24]
2 years ago
9

The cost-benefit principle states that _____ are the incentives that shape decisions.

Business
1 answer:
myrzilka [38]2 years ago
7 0

The cost-benefit principle states that <u>costs and benefits</u> are the incentives that shape decisions.

<h3>How is the cost-benefit principle used?</h3>

According to the fundamental of economics, the cost-benefit principle states that every rational being is likely to take into consideration the cost and the benefit of one or a set of decisions before a final choice is taken.

In order words, a line of decision for example an investment should only be undertaken only if the benefits associated with the cost of such investment are at least as large or way larger than the cost.

See the link below for more about the Cost-Benefit Principle:

brainly.com/question/885073

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Explanation:

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4 0
3 years ago
Danny works for a home electronics store and is a member of a team created to increase communication among various departments.
ExtremeBDS [4]

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Cross functional team

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4 0
4 years ago
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sattari [20]

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Step-by-step explanation:

Straight-time pay = hourly rate × hours worked

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Renaldo's straight-time pay = $975

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4 years ago
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