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vesna_86 [32]
4 years ago
12

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:
Svetlanka [38]4 years ago
3 0
Well since cost benefit analysis is process where ones decisions are analyzed for the best result:
I assume depending on the costumers situation
1.Which one is more important
2.Cost
3.Which decision is more beneficial
This process would involve multiple questions depending on the person/consumer
But at the end once all pros and cons are thought the best choice for that particular  consumer would be the final decision.
(hope this helped in some way)
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