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kompoz [17]
4 years ago
6

What does a cost benefit analysis indicate?

Biology
2 answers:
sveta [45]4 years ago
3 0

Answer:

Explanation:

Cost–benefit analysis (CBA), sometimes called benefit costs analysis (BCA), is a systematic approach to estimating the strengths and weaknesses of alternatives used to determine options which provide the best approach to achieving benefits while preserving savings (for example, in transactions, activities, and ...

Stella [2.4K]4 years ago
3 0

Answer:

Total Costs

Explanation:

The goal of cost benefit analysis is to get the highest return of investment, while saving the most money. In order to execute a cost benefit analysis you define whichever option you want to apply, calculate all costs and all possible benefits, expressed in savings or higher income. For example, if you run a small bakery and used to buy 25 pound sacks at 30 cents the pound and are thinking of switching to another brand that sells larger 280 sacks at 0.20 cents the pound, you would calculate the total costs of buying flour, but also costs like transportation to your bakery and storage in order to determine if it's a good idea to switch or not.

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