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
Kipish [7]
3 years ago
13

How do consumers use cost-benefit analysis? Why do consumers make different decisions using this process?

Social Studies
2 answers:
lara31 [8.8K]3 years ago
5 0

People's opinions, tastes, and values differ. These are oall influence on how they see the good and bad in all the outcames that they are faced with. People face different situations like wealth and income or age and gender, that affect how they calculate the worth of things.

VashaNatasha [74]3 years ago
3 0

Consumers use cost-benefit analysis whenever they need to make a decision. Cost-benefit analysis occurs when you study a decision by analyzing the costs that this will represent (money, time, opportunity, etc.) and contrasting it to the benefits it might bring you. By doing this analysis, a consumer can better decide whether the action is worth taking.

Even though the process might be the same, consumers can still make different choices. This is because not everyone appreciates and values the same things in life. Moreover, some people might be more risk averse, and they might require a lot of benefits in exchange for any risk.

You might be interested in
Communicators from north america, scandinavia, and germany tend to be logical, analytical, and action oriented. they also depend
inna [77]

United States, Germany and the Scandinavian coutries represent a low-context culture due to they have an explicit type of communication based on clear, defined and well-expressed information in the messages that are sent. It could be considered this way according to the explanations given by Edward T. Hall in his 1959 book called <em>The Silent Language. </em>

8 0
3 years ago
Help please <br>(identify the causes and results of the war of 1812)
Flauer [41]
Causes: 1) Great Britain issued trade restrictions meant to disrupt trade between the U.S. and France.
2) Great Britain provided support and weapons to Native Americans to attack American settlers.
3) GB controlled Canadian regions and Americans wanted to expand territory.
4) GB forced Americans on vessels into the British military and were considered subjects of the King.
5) GB refused to surrender western forts even though they promised to do so in the Treaty of Paris after the Revolutionary War.
(America declared war on Great Britain)
Effects: 1) The Federalist party declined because they did not support war with Great Britain.
2) British colonies/settlements remained in Canada and prevented the possibility of Americans pursuing Canadian territories.
3) Americans became more nationalist and united during the war.
4) James Monroe created a foreign policy for America called the Monroe Doctrine after the War of 1812.

3 0
3 years ago
In memory, _____ is an account of an event that has been pieced together from a few highlights.
murzikaleks [220]

Answer:

Reconstruction                                            

Explanation:

Reconstructive memory: In psychology, the term reconstructive memory was explained by Bartlett in his theory and is defined as the phenomenon through which an individual tends to fill the gaps in the absence of any information to develop a sense of what had happened.

He argued that an individual is capable of doing this by utilizing schemas. An individual's reconstructive memory utilizes his or her previous experience or knowledge of a particular situation to fulfill the memory.

In the question above, the statement signifies the importance of reconstructive memory.

5 0
2 years ago
Juneteenth commemorates the day in 1865 when slavery was ended in which state? the peach state.
dedylja [7]

is this the question: Juneteenth commemorates the day in 1865 when slavery was ended in which state?

The Peach State

The Show Me State

The Cotton State

The Lone Star State

Answer: The Lone Star State.

if that not what you ment then the answer is michigan.

hope this helps :)

4 0
1 year ago
The influence of race and economic class in predicting the probability of serving time in prison is best illustrated by:
Daniel [21]

The influence of race and economic class in predicting the probability of serving time in prison is illustrated by:

The increased probability that a black man born after the Civil Rights Movement who later dropped out of high school would end up incarcerated at some point in his lifetme

8 0
3 years ago
Read 2 more answers
Other questions:
  • What does the metaphor in lines 3-4 help the reader understand
    8·1 answer
  • The News of the World caused a widespread scandal when its reporters _________ celebrities, sports stars, politicians, and the f
    14·1 answer
  • What do borrowers use to secure a mortgage loan? Check all that apply.
    15·2 answers
  • Mexico City:a. is representative of urbanization in a developing country.b. is a good example of a megacity c. was one of the 10
    9·1 answer
  • What role does the government play in the SCT?
    8·1 answer
  • The sioc acts as the fbi's worldwide emergency operations center. which of these is established by the fbi in response to signif
    12·2 answers
  • Nebula​ Crystals, a firm in New York that manufactures crystal​ figurines, was contracted by Ruth from Florida to deliver a thou
    8·1 answer
  • When Nabisco introduces versions of Oreo cookies with colorful fillings around certain holidays, these products are examples of
    6·2 answers
  • I need help right now i am in fifth grade can someone help me with this question pls. It is on pg. 167 in night of the spade foo
    13·1 answer
  • Identify any arguments for the bill? (reasons for supporting the bill).in Am goverment
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!