Cost- benefit analysis is the method that is mostly used by businessman to see whether they have taken correct decision or not.
Explanation:
Suppose a doctor has suggested two same type of medicine to the patient. One of the medicine is expensive and the other medicine is less expensive. But both the medicine will have same utility that is both will be used as a preventive measure for the sickness. One extra quality that the expensive medicine is having is that it will provide the patient to access to more application.
Using the cost benefit analysis it will be beneficial if the patient go for the cheaper medicine because the main aim of the patient is to cure the disease. Extra application is not required. The cheaper medicine will be budget friendly as well.
The cost-benefit analysis is basically known as the evaluation method because it helps the company to identify the best possible option that will give a good return on investment.
The answer is false. Cultural bias is a problem that includes North America.
Cultural bias is a phenomenon that involves interpreting or judging events based only on one's culture. North America is prone to this along with the rest of the globe.
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This is true to an extent but also false. It can be an offgaurd pic or it can be a deep in mind pic.
Oxygen, i believe is your answer
hope this helps :)
