1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Margarita [4]
2 years ago
5

In three to five sentences, describe how a consumer can use a cost-benefit analysis to decide between buying a concert ticket or

buying a new pair of jeans. Mention the steps involved in analyzing each choice and how this process results in a decision.
Social Studies
1 answer:
Afina-wow [57]2 years ago
6 0

Answer:

During a cost benefit analysis, a consumer take in view the worth of his money and what he values more.

Now in order to compare both options and decide, he should go through following steps,

  1. Compile lists: Make a list of all the cons and pros related to both the options covering all bases.
  2. Associate monetary value: Associate monetary values to both the options. For example what would be the benefit or lag if either of the options happen or don't happen.
  3. Set up the equation and compare: Compare the results of the above two steps and see which option has an overall high benefit rate.

This will allow the consumer to analyse both his options and chose the best one.

You might be interested in
Jennifer, an account manager in an automobile company, has a previous work experience of six years and has become one of the bes
viva [34]

The correct answer would be, Pay Compression.

She resigns her job when she finds out that most of the new employees of the company, who have only two or three years of experience, get the same salary as her. In the given scenario, Jennifer most likely resigned due to Pay Compression.

Explanation:

Pay Compression is also called the Salary Compression. When there is a situation where many employees having different skills and experience levels are given the same salary, or the salary with a very little difference, this is called as the Pay Compression.

Pay Compression is usually seen in organizations. People who have more expertise, experience, better educational certifications, are paid with a little difference with the other employees. This creates a sense of underestimation, which most competent employees can't handle.

So is the case with Jennifer. She resigned her job when she came to know that other employees with the less level of skills and experience as her are paid almost the same. This is called as the Pay Compression.

Learn more about Salaries structures at:

brainly.com/question/1492151

#LearnWithBrainly

3 0
3 years ago
How old was michael j fox when diagnosed with parkinson disease?
pochemuha
He was diagnosed with Parkinson's disease<span> 29 years old, in 1991.</span>
7 0
3 years ago
A loosely knit social framework in which people are supposed to look after their own interests, and those of their immediate fam
Tasya [4]
The correct answer is individualism.
In the individualist society, everybody puts themselves and their own needs first, and then the others come second. Personal success is very important for such people, and the others aren't as relevant in their lives as in collectivist societies, for example.
7 0
3 years ago
The forests of the Himalayas are a __________ ecosystem. A. coniferous forest B. deciduous forest C. grasslands D. rainforest
Ainat [17]

Answer:

b - deciduous forest

Explanation:

The Himalayas consist of a mosaic of diverse forest ecosystems and ecoregions, with different forest types suited for distinct elevation bands. The Himalayan subtropical pine forests extend nearly 3,000 km across the length of the Himalayas, traversing Pakistan, India, Nepal, and Bhutan.

5 0
3 years ago
Select two examples of legislation.
klemol [59]

Answer:

pretty sure it's Law

Explanation:

Hope this help

3 0
2 years ago
Other questions:
  • What is Buddhism, Need help????!!!
    12·1 answer
  • During the five-day period of pilgrimage called the hajj, one of the rituals involves walking seven times around the kaaba ("cub
    11·1 answer
  • In three to four sentences explain the development of trade in the middle ages
    14·1 answer
  • Absolute references are marked with a ____.
    14·1 answer
  • In the united states, heavy drug use is about _________ as prevalent among boys as among girls
    8·2 answers
  • why do you think refugees would want to come to the united states? In your response, discuss jobs and other opportunities
    9·1 answer
  • Which region of the country is most accommodating of voters, in that it is overall easier to vote early, by mail, and by absente
    12·1 answer
  • The hightest temperature in the atmosphere occur in the
    10·2 answers
  • Need help ASAP please
    5·1 answer
  • The Third Amendment can be thought of as ________. reinforcing the right to keep and bear arms guaranteed by the Second Amendmen
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!